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This worksheet assists school districts without Chapter 313 agreements in calculating their no-new-revenue tax rate and voter-approval tax rate as mandated by Texas tax code and education code. It outlines the necessary steps and calculations for determining taxable value and related adjustments for the tax rates.
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How to fill out form 50-859
How to fill out form 50-859
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Obtain Form 50-859 from the official website or required office.
02
Read the instructions provided at the beginning of the form carefully.
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Fill out your personal information including name, address, and date of birth in the designated sections.
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Provide any relevant identification numbers, such as Social Security Number or other IDs as required.
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Who needs form 50-859?
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Individuals applying for assistance or services related to the form's purpose.
02
Any entity or organization required to provide information as requested in Form 50-859.
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Professionals or administrators handling the processing of applications that utilize this form.
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What is form 50-859?
Form 50-859 is a specific tax form used for reporting certain financial information to the relevant tax authority.
Who is required to file form 50-859?
Individuals or businesses that meet certain criteria set by the tax authority, usually related to income or financial transactions, are required to file form 50-859.
How to fill out form 50-859?
To fill out form 50-859, individuals must provide their personal or business information, income details, and any relevant deductions or credits as instructed in the form guidelines.
What is the purpose of form 50-859?
The purpose of form 50-859 is to collect financial data that assists the tax authority in assessing tax liabilities and ensuring compliance with tax laws.
What information must be reported on form 50-859?
Information such as income amounts, expenses, deductions, and taxpayer identification details must be reported on form 50-859.
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