50-144-5
(Rev. 9-07/8)
SCHEDULE C: INVENTORY
List all taxable inventory by type of property (example: merchandise, supplies, etc.). If needed you may attach additional sheets. Or, you may attach a computer-gen-
erated copy listing the information below. If you manage or control property as a fiduciary on January 1, also list the names and addresses of each property owner. If
needed, attach additional sheets. If you carry consigned goods, also list below the names and addresses of each consignor. If needed, attach additional sheets.
Property description by
Property address
Estimate of
Good faith
Historical
Year
Property owner name/address,
cost
type/category
estimate of
or address
quantity of
Acquired**
if you manage or control
market
when
where taxable
each type
property as a fiduciary.
new **(and)
value* (or)
*
If you provide an amount in the “good faith estimate of market value,” you need not complete a “historical cost when new” and “year acquired.” “Good faith
estimate of market value” is not admissible in subsequent protest, hearing, appeal, suit, or other proceeding involving the property except for: (1) proceedings to
determine whether a person complied with rendition requirement; (2) proceedings for determination of fraud or intent to evade tax; or (3) a protest under Section
41.41, Tax Code.
** If you provide an amount in a “historical cost when new” and “year acquired,” you need not complete “good faith estimate of market value.”
Note: If you are a dealer/retailer of inventory that is subject to Sections 23.121, 23.124, 23.1241, or 23.127, Tax Code (alternate methods of appraising vehicles, ves-
sels, outboard motors, and trailers, manufactured housing, and heavy equipment), list this type of property on the appropriate Dealer’s Inventory Declaration rather
than this schedule.