Get 05-163 Texas Franchise Tax Annual No Tax Due Information Report - Window State Tx

Filling out the 05-163 Texas Franchise Tax Annual No Tax Due Information Report can be straightforward if you follow the right steps. This guide will walk you through each section of the form, ensuring that you complete it accurately and efficiently.

Follow the steps to complete the form online with ease.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Enter your taxpayer number, report year, and due date in the appropriate fields at the top of the form. Ensure that all information is accurate.
3. If your address has changed, blacken the circle next to the 'address change' option. Fill in the taxpayer name as registered with the Secretary of State or Comptroller, and provide your mailing address including City, State, Country, and ZIP Code.
4. Indicate whether this is a combined report by blackening the relevant circle. Additionally, provide the Standard Industrial Classification (SIC) code and North American Industry Classification System (NAICS) code as applicable.
5. Check the box if total revenue is adjusted for the Tiered Partnership Election. Specify whether the entity is a Corporation, Limited Liability Company, or another type by blackening the appropriate circles.
6. Review the qualifying statements below regarding your entity. Blacken all circles that apply based on your situation, confirming whether the entity is a passive entity, has annualized total revenue below the no tax due threshold, has zero Texas Gross Receipts, or is a REIT meeting specified qualifications.
7. Provide the accounting year begin and end dates in the mm/dd/yyyy format to ensure the correct fiscal period is reported.
8. Enter total revenue in whole dollars in the specified section of the form.
9. Once all sections are completed, declare the accuracy of your information by signing and dating the declaration. Make sure to include your printed name and contact number.
10. After reviewing your completed form, save your changes and then download or print a copy for your records. Follow the mailing instructions to send the original to the Texas Comptroller of Public Accounts.

Complete your documents online today for a seamless experience.