The Retail Manufactured Housing Inventory Tax Statement (Form 50-268) is the monthly statement that retailers of manufactured housing file with the Parker County Tax Assessor-Collector, and it is one of the Parker County property tax forms for business inventory. Retailers file it with the monthly tax payment under Tax Code Section 23.128, and send a copy to the Parker County Appraisal District. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the original form is published by Parker County at the official link below.
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What is 50-268?
Retail Manufactured Housing Inventory Tax Statement, Form 50-268, is the monthly statement on which a retailer of retail manufactured housing inventory reports units sold and sales amounts and figures the unit property tax due with the monthly tax payment under Tax Code Section 23.128.
The Texas Comptroller of Public Accounts, Property Tax Assistance Division, developed the form. In Parker County the original goes with the payment to the Tax Assessor-Collector, and a copy goes to the Parker County Appraisal District. The form says a dealer may use no other form for this statement (Tax Code 23.128(e)). It is marked CONFIDENTIAL.
The form has six sections: retailer information, authorized representative, business information, an inventory schedule listing each sale in the reporting month, a breakdown of units sold and sales amounts, and a sworn certification and signature.
Each sale in the schedule gets one of three type codes:
- MH, a net retail manufactured housing inventory sale;
- RL, a retailer sale to another retailer;
- SS, a subsequent sale of a retailer-financed unit.
The form is not filed with the Texas Comptroller of Public Accounts. The Tax Assessor-Collector's page lists other special inventory forms, such as the Dealers Vessel and Outboard Motor Inventory Tax Statement, as separate documents.
Who needs to file 50-268?
Retailers of retail manufactured housing inventory file Form 50-268 each month with the assessor-collector and the appraisal district of the county where the business is located. For Parker County, that means the Tax Assessor-Collector and the Parker County Appraisal District.
- Individual retailers filing on their own behalf skip Section 2 and go to Section 3.
- All other filers complete Section 2 and state their authority: officer of the company, general partner of the company, attorney for the company, agent for tax matters appointed under Tax Code Section 1.111 (with a completed and signed Form 50-162), or other, with an explanation.
- Retailers not in business on Jan. 1 of the current year still file each month after the business opens, but include no tax payment until the beginning of the next calendar year.
Do not file this form with the Texas Comptroller of Public Accounts. Do not substitute another form: the form states that a dealer may use no other form for this statement.
When to file 50-268
File Form 50-268 on or before the 10th day of each month. The form requires the filing whether or not a unit of manufactured housing was sold, and the reporting month is entered at the top of the first page.
If you were not in business on Jan. 1 of this year, file the statement every month after your business opens, enter your starting date of business in Section 3, and include no tax payment until the beginning of the next calendar year.
Late payment carries a penalty on the amount due, which increases if the amount is still unpaid 10 days after the due date. Failing to file is a misdemeanor offense, each day of noncompliance is a separate offense, and an additional penalty is forfeited for each month or part of a month in which the statement is not filed after it is due.
Documents you need
- Inventory Schedule listing each sale in the reporting month, continued on additional sheets as needed; separate documentation with the same information may replace it if identified to match the schedule's column headers.
- A list with the name and business address of each location at which you conduct business, attached to Section 3.
- A copy of your tax bill, or of appraisal district or tax office correspondence about the account, only if your appraisal district account number is not available.
- Form 50-162, completed and signed, only if your authority is as an agent for tax matters appointed under Tax Code Section 1.111.
- A copy of the original completed statement for the chief appraiser of the appraisal district in the county where the business is located.
How to fill out 50-268
Enter account number and reporting month
At the top of page 1, write your Appraisal District Account Number and the Reporting Month, Year. If you do not have the account number, see Section 3 for the attachment the form asks for.
Complete Section 1, Retailer Information
Enter the Name of Retailer, phone (area code and number), email address, and the mailing address, city, state and ZIP code.
Complete Section 2 if it applies
Individual retailers filing on their own behalf skip to Section 3. Everyone else checks the basis of authority (officer, general partner, attorney, agent under Tax Code Section 1.111 with Form 50-162, or other with explanation) and enters the representative's name, title, phone, email and mailing address.
Complete Section 3, Business Information
Enter the name of the business, the starting date of business if not in business Jan. 1 of this year, the business address of the inventory, and the Texas Department of Housing and Community Affairs retailer's license number(s). Attach the list of business locations and, if needed, the tax bill or correspondence.
Get the unit property tax factor
Contact the county tax assessor-collector or the appraisal district for the current factor. It is the aggregate tax rate divided by 12; if the rate is in dollars per $100 of valuation, divide by $100 and then by 12.
Complete the Section 4 Inventory Schedule
For each sale during the month, enter the date of sale, unit details, identification/serial number, purchaser's name, sale price and type of sale code (MH, RL or SS). Continue on additional sheets or attach equivalent documentation with matching column headings.
Figure unit property tax and totals
For MH sales, multiply the sale price by the unit property tax factor and enter it for each unit. For RL and SS sales the unit property tax is zero; give the reason if no tax is assigned. Enter the Total Unit Property Tax this Month and the Unit Property Tax Factor Used.
Complete Section 5 counts and amounts
In Part 1, enter the total units sold this month in the Net Retail Manufactured Housing Inventory, Retailer Sales and Subsequent Sales columns. In Part 2, enter the total sales amounts for the same three columns.
Certify, sign and date Section 6
Print the name of the retailer or authorized representative, then sign and date. The signer swears each fact is true; a false statement may be a Class A misdemeanor or a state jail felony under Penal Code Section 37.10.
Review and download the completed PDF
Check the sale totals against the schedule and confirm the attachments are ready. Download or print the completed PDF from FillingPDF, make a copy for the appraisal district, and submit through the channels described under How to submit.
How to submit 50-268
File the original statement with the monthly tax payment at the Tax Assessor-Collector, and send a copy to the appraisal district.
- Original with payment: Jenny Gentry, Tax Assessor-Collector, Parker County, 1112 Santa Fe Dr, Weatherford TX 76086. The office phone is 817-598-6139, and its page lists Monday to Friday, 8:00 am to 5:00 pm, at the main office. That page lists cash, checks with valid ID, and Visa or MasterCard (a card fee applies) as forms of payment; call the office for the amount of any fee and for how it takes inventory tax payments.
- Copy: Parker County Appraisal District, 1108 Santa Fe Dr, Weatherford TX 76086, addressed to the chief appraiser. The county lists 817-596-0077 and www.parkercad.org for property tax information.
Attach the inventory schedule (or equivalent documentation) and any other attachments described under Required documents. Do not file the form with the Texas Comptroller of Public Accounts. The form names no other channel, such as an online portal. More details are on the Tax Assessor-Collector page. FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Filing the statement with the Texas Comptroller of Public Accounts; the form says to file it with the assessor-collector and the appraisal district instead.
- Skipping a month because no unit sold; the statement is due on or before the 10th of each month regardless of sales.
- Sending only the original and leaving out the copy for the appraisal district's chief appraiser.
- Including a tax payment when you were not in business on Jan. 1 of this year; payment is not included until the beginning of the next calendar year.
- Leaving Section 2 blank when you are not an individual retailer filing on your own behalf.
- Including installation charges in the sale price; the form defines sales price as excluding any amount paid for installation.
- Entering unit property tax on a retailer sale (RL) or subsequent sale (SS); unless coded MH, the unit property tax is zero, and a reason is given when no tax is assigned.
- Using a unit property tax factor that is not one-twelfth of the aggregate tax rate at the inventory's location on Jan. 1.
- Using a different form for this statement; the form says a dealer may use no other form.
Frequently asked questions
What is Form 50-268?
Form 50-268 is the Retail Manufactured Housing Inventory Tax Statement that retailers of manufactured housing inventory file each month, with the monthly tax payment, under Tax Code Section 23.128. It reports units sold, sales amounts and unit property tax, and the form states that a dealer may use no other form for this purpose.
When is Form 50-268 due each month?
On or before the 10th day of each month, whether or not a unit was sold. If you were not in business on Jan. 1 of this year, you still file every month after your business opens, but include no tax payment until the beginning of the next calendar year.
Where do I file Form 50-268 in Parker County?
Send the original with payment to the Parker County Tax Assessor-Collector, 1112 Santa Fe Dr, Weatherford TX 76086, and a copy to the Parker County Appraisal District, 1108 Santa Fe Dr, Weatherford TX 76086. Do not file it with the Texas Comptroller of Public Accounts.
What do the sale type codes MH, RL and SS mean?
MH is a net retail manufactured housing inventory sale. RL is a retailer sale, meaning a sale of manufactured housing to another retailer. SS is a subsequent sale, a retailer-financed sale of a unit financed from your inventory in the same calendar year; the first sale of that unit is reported as MH.
How do I calculate the unit property tax on Form 50-268?
Multiply the sale price by the unit property tax factor. The factor is the aggregate tax rate divided by 12 (divide by $100 first if the rate is per $100 of valuation) for the location of the inventory on Jan. 1. Ask the assessor-collector or appraisal district for the current factor.
What happens if I file Form 50-268 late?
Unit property taxes not paid by the due date carry a penalty on the amount due, which increases if still unpaid 10 days later. Failure to file is a misdemeanor, each day is a separate offense, and an added penalty is forfeited for each month or part of a month without a filing. A tax lien attaches to your business personal property.
Who can sign Form 50-268 for a company?
The retailer or its authorized representative signs Section 6. A company filer completes Section 2 and states its basis: officer, general partner, attorney, agent for tax matters under Tax Code Section 1.111 with a signed Form 50-162, or other with an explanation. Individual retailers filing for themselves skip Section 2.
Can I fill out Form 50-268 online on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the form or accept payment; you send the original with payment to the Tax Assessor-Collector and a copy to the appraisal district.
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