Loading
Form preview
  • US Legal Forms
  • Form Library
  • More Forms
  • More Uncategorized Forms
  • Texas Franchise Tax

Get Texas Franchise Tax

Items 1 10 ... Entities that became subject to the tax during the previous calendar year andhave a federal accounting year end date that is prior to the date the entitybecame subject to the tax, will.

How it works

  1. Open form

    Open form follow the instructions

  2. Easily sign form

    Easily sign the form with your finger

  3. Share form

    Send filled & signed form or save

How to fill out the Texas Franchise Tax online

Filing the Texas Franchise Tax No Tax Due Report online is essential for entities not liable for taxes. This guide provides a comprehensive, step-by-step process to help you accurately complete the form and meet your filing requirements.

Follow the steps to fill out the Texas Franchise Tax form with ease.

  1. Press the ‘Get Form’ button to obtain the Texas Franchise Tax form and open it for editing.
  2. Fill in your taxpayer number, which is essential for identifying your unique account. Ensure that the report year and due date are accurate, as this information validates your submission.
  3. Complete the taxpayer name and mailing address fields. If your address has changed, mark the corresponding circle. Provide your city, state, and ZIP code with the additional four digits.
  4. Enter the NAICS code that corresponds to your business activities. This code assists in identifying your industry classification.
  5. Mark if this is a combined report or if your total revenue is adjusted for the Tiered Partnership Election by blackening the appropriate circles.
  6. Indicate whether your entity is a corporation, limited liability company, professional association, limited partnership, or financial institution by selecting 'Yes' or 'No.'
  7. Assess the eligibility criteria and mark all applicable exemptions that qualify you to file this No Tax Due Report.
  8. Fill in the accounting year begin and end dates, ensuring accuracy in the mm/dd/yyyy format.
  9. Input the total revenue amount, rounding to whole dollars only.
  10. Provide your area code and phone number for contact purposes. Then, declare the accuracy of the information by signing and dating the form.
  11. Finalize your filing by saving the completed form. You can download, print, or share your document as needed before mailing the original to the Texas Comptroller of Public Accounts.

Complete your Texas Franchise Tax form online today to ensure timely filing and compliance.

Get form

Experience a faster way to fill out and sign forms on the web. Access the most extensive library of templates available.
Get form

Related content

Franchise Tax - Texas Comptroller - Texas.gov
The Texas franchise tax is a privilege tax imposed on each taxable entity formed or...
Learn more
2009 Texas Franchise Tax Report Information and...
Items 1 - 7 — Additional information about Texas franchise tax can be found online at...
Learn more
Texas Rangers (baseball) - Wikipedia
The Texas Rangers are an American professional baseball team based in Arlington, Texas...
Learn more

Related links form

Welcome To Edinburgh School Of English - Edinburgh School Of ... Rules Of Reception And Servicing Of Vessels By Passenger Port Of St ... The Application 8. Colours Of A Carpet Covering - Standard 88551999

Questions & Answers

Get answers to your most pressing questions about US Legal Forms API.

Contact support

certain grantor trusts, estates of natural persons and escrows; real estate mortgage investment conduits and certain qualified real estate investment trusts; a nonprofit self-insurance trust created under Insurance Code Chapter 2212; a trust qualified under Internal Revenue Code Section 401(a);

The Texas franchise tax rate for most businesses is . 75% of the taxable margin. However, for qualifying wholesalers and retailers (meaning, generally, businesses primarily engaged in wholesale or retail trade), the rate is 0.375%.

For Texas franchise tax purposes, although Corporation 2's capital loss reduces its capital gain net income to zero, the gain and loss must be considered when determining Texas gross receipts. Corporation 2's capital gain from the sale of Asset C must be included in Texas gross receipts.

Key Takeaways. In Texas, businesses with $1.18 million to $10 million in annual receipts pay a franchise tax of 0.575%. Businesses with receipts less than $1.18 million pay no franchise tax.

The Texas Tax Code provides an exemption from franchise tax and sales tax to: Nonprofit organizations with an exemption from Internal Revenue Service (IRS) under IRC Section 501(c) (3), (4), (8), (10) or (19);

The Texas Franchise Tax is levied annually by the Texas Comptroller on all taxable entities doing business in the state. ... Each business in Texas must file an Annual Franchise Tax Report by May 15 each year.

Texas, however, imposes a state franchise tax on most LLCs. The tax is payable to the Texas Comptroller of Public Accounts (CPA). In general terms, the franchise tax is based on an LLC's "net surplus" (the net assets of the LLC minus its members' contributions).

Texas, however, still subjects S corporations to its franchise tax based on the business' annual revenue. Once again, the highest this tax can ever be is 1%. Individual shareholders in the company do not have to pay state taxes on their portions of the company's income.

Texas, however, still subjects S corporations to its franchise tax based on the business' annual revenue. Once again, the highest this tax can ever be is 1%. Individual shareholders in the company do not have to pay state taxes on their portions of the company's income.

Get This Form Now!

Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.
Get form
If you believe that this page should be taken down, please follow our DMCA take down processhere.

Industry-leading security and compliance

US Legal Forms protects your data by complying with industry-specific security standards.
  • In businnes since 1997
    25+ years providing professional legal documents.
  • Accredited business
    Guarantees that a business meets BBB accreditation standards in the US and Canada.
  • Secured by Braintree
    Validated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.
Get Texas Franchise Tax
Get form
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Your Privacy Choices
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
altaFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2026
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232