Get 05-169 Texas Franchise Tax E-z Computation Annual Report - Window State Tx

Filling out the 05-169 Texas Franchise Tax E-Z Computation Annual Report accurately is crucial for compliance with state tax regulations. This guide will walk you through each section of the form, ensuring you complete it correctly and efficiently online.

Follow the steps to complete the form with ease.

1. Click ‘Get Form’ button to obtain the form and open it in your designated editor.
2. Enter your taxpayer number in the designated field. This is a unique identifier assigned to your business.
3. Specify the report year for which you are filing the report. Include the due date for submission.
4. Indicate the privilege period covered by this report by entering the start and end dates.
5. Provide your taxpayer name, mailing address, city, state, country, and ZIP code.
6. Check the appropriate boxes; indicate if this is a combined report, if total revenue is adjusted for tiered partnership election, or if the entity is a corporation or limited liability company.
7. If your address has changed, mark the corresponding box to indicate this update.
8. Fill in your Standard Industrial Classification (SIC) code and North American Industry Classification System (NAICS) code.
9. State your accounting year end date.
10. For revenue reporting, proceed to fill in the gross receipts, dividends, interest, rents, royalties, gains/losses, other income, and calculate total gross revenue by adding items 1 through 7.
11. Complete the exclusions from gross revenue and calculate total revenue by subtracting exclusions from gross revenue.
12. Input the gross receipts in Texas and the gross receipts everywhere.
13. Calculate the apportionment factor by dividing gross receipts in Texas by gross receipts everywhere.
14. Determine apportioned revenue by multiplying total revenue by the apportionment factor.
15. Calculate the tax due before discounts by applying the tax rate.
16. Subtract any applicable discounts from the tax due before discount to determine total tax due.
17. Sign and date the form, confirming the information provided is true and correct.
18. Save your changes, download, print, or share the completed form as needed.

Complete your franchise tax documents online today to ensure timely and accurate filing.