State Law Requirements: Section 22.01. states that a person shall render for taxation all tangible personal property used in the production of income that the person owns on January 1 to the appraisal district annually. A rendition statement shall contain the following: (the rendition form below will provide you means in which to render you business personal property)

• the name and address of the property owner;
• a description of the property by type or category;
• if the property is inventory, a description of each type of inventory and a general estimate of the quantity of each type of inventory;
• the physical location of the property; and
• the property owner’s good faith estimate of the market value of the property or, at the option of the property owner, the historical cost when new and the year of acquisition of the property.