Form 50-129 Application for 1-d-1 (Open-Space) Agricultural Use Appraisal - Texas

What Is Form 50-129?

This is a legal form that was released by the Texas Comptroller of Public Accounts - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 50-129?A: Form 50-129 is an application for 1-d-1 (Open-Space) Agricultural Use Appraisal in Texas.

Q: What is the purpose of Form 50-129?A: The purpose of Form 50-129 is to apply for agricultural use appraisal on open-space land in Texas.

Q: What is 1-d-1 agricultural use appraisal?A: 1-d-1 agricultural use appraisal is a tax incentive program in Texas that allows qualifying land to be appraised based on its agricultural value rather than its market value.

Q: Who can use Form 50-129?A: Form 50-129 can be used by landowners in Texas who want to apply for the 1-d-1 agricultural use appraisal on their open-space land.

Q: What information is required on Form 50-129?A: Form 50-129 requires information about the property, the owner, and the land's agricultural use.

Q: Are there any deadlines for submitting Form 50-129?A: Yes, Form 50-129 must be filed with the chief appraiser of the county appraisal district between January 1 and April 30 of the tax year for which the appraisal is sought.

Q: What are the benefits of 1-d-1 agricultural use appraisal?A: The benefits of 1-d-1 agricultural use appraisal include lower property taxes and the preservation of open-space and agricultural land in Texas.

Q: Can I appeal if my application is denied?A: Yes, if your application for 1-d-1 agricultural use appraisal is denied, you have the right to appeal the decision.