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RESET FORM PRINT FORM Texas Franchise Tax No Tax Due Information Report 05-163 05-163 (Rev.9-13/6) (Rev.9-13/6) FILING REQUIREMENTS 13255 Annual Tcode 13255 Annual Franchise Taxpayer number Report.

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How to fill out the 05 163 online

The 05 163, or Texas Franchise Tax No Tax Due Information Report, is essential for entities that do not owe franchise tax. This guide will walk you through each section of the form to ensure you complete it accurately and efficiently.

Follow the steps to fill out and submit the form online.

  1. Press the ‘Get Form’ button to access the 05 163 document and open it in the designated editor.
  2. Enter the taxpayer number and report year in their respective fields. Make sure the report year aligns with the privilege period covered.
  3. Fill in the due date by selecting the appropriate date format. For example, use the format MM/DD/YYYY for consistency.
  4. Provide the Secretary of State file number or Comptroller file number, along with the taxpayer name, mailing address, city, state, country, and ZIP code.
  5. If the address has changed, blacken the circle next to the relevant prompt. Also, indicate the SIC code and NAICS code as necessary.
  6. If applicable, blacken circles for the combined report, adjusted Total Revenue for Tiered Partnership Election, or specify if the entity is a Corporation, Limited Liability Company, or other entity.
  7. Review the statements regarding qualification for the No Tax Due Information Report. Blacken all circles that apply based on your entity's status.
  8. Input the accounting year begin and end dates in the specified format. Ensure both dates are accurate.
  9. Enter the total revenue in whole dollars only. It is essential to provide accurate figures to avoid inconsistencies.
  10. Include your area code and phone number for contact purposes. This helps in case further clarification is needed.
  11. Declare the information is correct by signing and dating the form. Print or type your name in the designated area.
  12. Once complete, save changes, and you may choose to download, print, or share the form as required to finalize your submission.

Complete your 05 163 form online accurately and submit it to ensure compliance with Texas tax laws.

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Related content

Form 05-163, No Tax Due Report - Texas Comptroller
05-163. (Rev.9-17/9). Texas Franchise Tax No Tax Due Report. Tcode 13255 Annual. Taxpayer...
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Items 1 - 11 — 05-163) if one or more of the following applies: / the entity has zero...
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An entity forfeited under the Tax Code can reinstate at any time (so long as the entity would otherwise continue to exist) by (1) filing the required franchise tax report, (2) paying all franchise taxes, penalties, and interest, and (3) filing an application for reinstatement (Form 801 Word 178kb, PDF 87kb), ...

If annualized total revenue is less than the no-tax-due threshold amount, then the taxable entity files Form 05-163, Texas Franchise Tax No Tax Due Report (PDF). If the tax due is less than $1,000, but annualized total revenue is greater than the no-tax-due threshold amount, then a No Tax Due Report cannot be filed.

Form 05-167 - Texas Franchise Tax Ownership Information Report — The Ownership Information Report (OIR) is to be filed for each taxable entity other than a legally formed corporation, limited liability company, limited partnership, professional association, or financial institution.

Form 05-163 “No Tax Due Report” generates automatically if the following occurs: Taxpayer is a passive entity. Taxpayer is a newly established Texas Veteran Owned Business (must be pre-qualified). Taxpayer is a Real Estate Investment Trust that meets the qualifications.

Tax Rates, Thresholds and Deduction Limits ItemAmountNo Tax Due Threshold$1,000,000Tax Rate (retail or wholesale)0.5%Tax Rate (other than retail or wholesale)1.0%Compensation Deduction Limit$320,0002 more rows

The no tax due threshold is as follows: $1,230,000 for reports due in 2022-2023. $1,180,000 for reports due in 2020-2021. $1,130,000 for reports due in 2018-2019.

For the 2023 report year, a passive entity as defined in Texas Tax Code Section 171.0003; an entity that has total annualized revenue less than or equal to the no tax due threshold of $1,230,000; an entity that has zero Texas gross receipts; an entity that is a Real Estate Investment Trust (REIT) meeting the ...

Key Takeaways. In Texas, businesses with $1.18 million to $10 million in annual receipts pay a franchise tax of 0.375%. Businesses with receipts less than $1.18 million pay no franchise tax. The maximum franchise tax in Texas is 0.75%.

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© Copyright 1997-2025
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
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
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
airSlate WorkFlow
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 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232