Form 50-259, the Dealers Vessel and Outboard Motor Inventory Declaration, is the Texas Comptroller of Public Accounts form on which a dealer declares its vessel and outboard motor inventory under Tax Code Section 23.124. The Parker County copy is addressed to the Parker County Appraisal District and the county Tax Assessor-Collector, which makes it one of the Parker County property tax forms for business inventory. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the original PDF is published by Parker County at the official link.
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What is 50-259?
Form 50-259, Dealers Vessel and Outboard Motor Inventory Declaration, is the Texas Comptroller of Public Accounts form on which a dealer of vessels and outboard motors declares its inventory under Tax Code Section 23.124, filed with the appraisal district and the county tax assessor-collector.
The form is marked CONFIDENTIAL and has six steps: dealer information, business information, the business location of the declared inventory, a breakdown of units sold and sales amounts for the previous 12-month period, the market value of the inventory, and a signature. In Step 5 the market value is the total annual sales from the dealer's inventory, less sales to dealers, fleet transactions and subsequent sales, divided by 12.
The Parker County copy preprints the Parker County Appraisal District (1108 Santa Fe Dr, Weatherford, TX 76086) as the office that receives the original, and the county tax office run by Jenny Gentry, Tax Assessor-Collector (TAC), as the office that receives the copy. The Tax Assessor-Collector's page lists this declaration under Special Inventory Tax Collections, next to a separate document called the Dealers Vessel and Outboard Motor Inventory Tax Statement. That page also says property appraisals come from the Parker County Appraisal District.
The form is a declaration, not a tax bill or a registration. It is not filed with the Texas Comptroller of Public Accounts.
Who needs to file 50-259?
Dealers of vessels and outboard motors who have inventory to declare under Tax Code Section 23.124 file this declaration with the appraisal district and the tax assessor-collector in the county where the business is located.
- One declaration per business location. The form says to file a declaration for each business location. Step 2 asks for a list of every location and every TPWD dealer's and manufacturer's number.
- Dealers not in business on Jan. 1. They file too, on a different deadline, and enter the business start date in Step 3.
- The signer. The form is signed by an authorized signer who certifies that the dealer named in Step 1 owns a dealer's vessel and outboard motor inventory. A separate line records the name and title of the person preparing the form.
Do not file this form with the Texas Comptroller of Public Accounts. The Tax Assessor-Collector's page says that office does not appraise property; appraisals come from the Parker County Appraisal District.
When to file 50-259
Except as provided by Tax Code Section 23.125(l), the declaration must be filed no later than Feb. 1 of each year. A dealer who was not in business on Jan. 1 must file no later than 30 days after the business starts.
The form warns that a dealer who fails to file commits a misdemeanor, that each day of non-compliance is a separate violation, and that a monthly penalty applies for each month or part of a month in which the declaration is not filed or not filed on time. A tax lien attaches to the dealer's business personal property to secure that penalty. For amounts, ask the appraisal district or the tax office.
The sales figures you report cover the previous 12-month period corresponding to the prior tax year.
Documents you need
- A list with the name and business address of each location where you conduct business and each TPWD dealer's and manufacturer's number (Step 2).
- The appraisal district account number, if known, or else a tax bill or a copy of appraisal or tax office correspondence about your account (Step 3).
- Any other supporting documentation; the form says the document and all supporting documentation must be filed with the appraisal district and tax assessor-collector offices.
How to fill out 50-259
Enter the year and check the offices
At the top, write the tax year on the Year line. The appraisal district and county tax office for Parker County are already printed as the places to send the original and the copy.
Complete Step 1, Dealer Information
Enter the Name of Dealer, Mailing Address, City, State, ZIP Code and Phone (area code and number). Then enter the Name of Person Preparing this Application and Title.
Prepare the Step 2 location list
In Step 2, attach a list with the name and business address of each location where you conduct business and each TPWD dealer's and manufacturer's number.
Describe the Step 3 business location
Enter the Name of Business, the TPWD Dealer's and Manufacturer's Number, and the Address, City, State, ZIP Code of the location whose inventory you declare. Add the Appraisal District Account Number if known, or attach a tax bill or office correspondence, and the Business Start Date if you were not in business on Jan. 1.
Report units sold in Step 4
In the top row, enter the number of units sold for the previous 12-month period in each box: Vessel and Outboard Motor Inventory, Fleet Transactions, Dealer Sales and Subsequent Sales. If you were not in business all 12 months, report the months you were.
Report sales amounts in Step 4
In the bottom row, enter the dollar amount sold in the same four categories for the same period. Use the category definitions on the Additional Instructions page.
Figure market value in Step 5
Enter the Vessel and Outboard Motor Inventory Sales for Prior Year, which is total annual sales less sales to dealers, fleet transactions and subsequent sales. Divide by 12 and enter the result as the Market Value for Current Tax Year.
Sign, review and download the PDF
In Step 6, enter the Print Name, Title, Authorized Signature and Date. Check every step, then download or print the completed PDF from FillingPDF and send the original and the copy as described under How to submit.
How to submit 50-259
File the declaration in two places: send the original to the appraisal district and a copy to the county tax office. The form lists no other channel or portal.
- Original: Parker Co Appraisal District, 1108 Santa Fe Dr, Weatherford, TX 76086, phone 817-596-0077.
- Copy: Jenny Gentry, Tax Assessor-Collector (TAC), 1112 Santa Fe Dr, Weatherford, TX 76086, phone 817-598-6139. The Tax Assessor-Collector's page lists the same physical address, with hours of Monday to Friday, 8:00 am to 5:00 pm.
Include all supporting documentation with the declaration, such as the Step 2 list of locations and numbers and, if you do not know the appraisal district account number, a tax bill or a copy of correspondence about your account. Do not file this document with the Texas Comptroller of Public Accounts. The Tax Assessor-Collector's page gives property tax information at parkercad.org or 817-596-0077. FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Filing the declaration with the Texas Comptroller of Public Accounts; the form says to file with the appraisal district and the tax assessor-collector in the county where the business is located.
- Sending only the original to the appraisal district and no copy to the county tax office, or the reverse.
- Using one declaration for several business locations; the form requires a declaration for each location.
- Omitting the Step 2 list of locations and TPWD dealer's and manufacturer's numbers.
- Filing after Feb. 1, or after 30 days from starting business if you were not in business on Jan. 1.
- Counting fleet transactions, dealer sales or subsequent sales in the Vessel and Outboard Motor Inventory category in Step 4.
- Counting watercraft over 65 feet, seaplanes on water, or canoes, kayaks and similar vessels under 14 feet that are paddled, poled, oared or windblown as vessels.
- Computing market value yourself for a partial year; if you were not in business for all 12 months, report sales for the months you operated and the chief appraiser determines the value.
- Leaving the declaration unsigned or without the printed name and title in Step 6.
Frequently asked questions
What is Form 50-259?
Form 50-259 is the Texas Comptroller of Public Accounts' Dealer's Vessel and Outboard Motor Inventory Declaration. A dealer files it under Tax Code Section 23.124 to declare inventory, prior-year units and sales, and the market value of that inventory for the current tax year.
Is Form 50-259 part of Parker County property tax?
It is a Parker County property tax form for dealer inventory. You file it with the Parker County Appraisal District and the county tax office, which lists it under Special Inventory Tax Collections. Property appraisals themselves come from the appraisal district.
When is the dealer inventory declaration due?
Feb. 1 of each year, except as provided by Tax Code Section 23.125(l). A dealer who was not in business on Jan. 1 must file within 30 days after the business starts.
Where do I send Form 50-259 in Parker County?
Send the original to the Parker Co Appraisal District, 1108 Santa Fe Dr, Weatherford, TX 76086, and a copy to the Tax Assessor-Collector, 1112 Santa Fe Dr, Weatherford, TX 76086. Do not send it to the Texas Comptroller.
Do I need a separate declaration for each business location?
Yes. The form says to file a declaration for each business location. Step 2 also asks you to attach a list of every location and every TPWD dealer's and manufacturer's number.
What happens if I do not file on time?
Failing to file is a misdemeanor, and each day is a separate violation. A monthly penalty also applies for each month or part of a month the declaration is late, and a tax lien attaches to the dealer's business personal property. Ask the tax office for amounts.
How is market value figured on Form 50-259?
Take total annual sales from the inventory, subtract sales to dealers, fleet transactions and subsequent sales for the previous 12-month period, then divide by 12. If you were in business for only part of that period, the chief appraiser determines the value.
Can I fill out Form 50-259 online on FillingPDF?
Yes. You can fill out the fillable PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the declaration; you send it to the appraisal district and the county tax office yourself.
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