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Case 3:14cv01942MBH Document 86 Filed 05/30/17Page 1 of 14 PageID pageIDIN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION SHOGER JAMDALANI AINSWORTH, and WALTER.

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Businesses with less than $1.23 million in annual revenue select “File a No Tax Due Information Report.” Click “Continue.” Select the report year. Click “Continue.” Confirm that you're eligible to file a No Tax Due Report and click “Continue.”

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.

What is the 'No Tax Due Threshold' in Texas? The No Tax Due Threshold in Texas refers to a company's annual income. If your company's annualized total revenue falls below a certain amount, you can file what's known as a No Tax Due Information Report. For 2022-2023, the TX No Tax Due Threshold is $1,230,000.

Contact the Comptroller's office by completing the online help form or calling 800-252-1381.

You may use TeleFile even if total sales are greater than zero if no taxes are due. File Form 01-114, Texas Sales and Use Tax Return (PDF) if you have zero total sales, zero taxable sales and zero tax due. File a past due sales tax report if you received an estimated billing but had no sales for that period.

A tax clearance letter (Certificate of No Tax Due) essentially states that the business or seller does not owe taxes to the state; obtaining it is a joint effort by the buyer and seller wherein the seller of the business must authorize the request, which is submitted by the buyer.

Each taxable entity formed in Texas or doing business in Texas must file and pay franchise tax.

Businesses with less than $1.23 million in annual revenue select “File a No Tax Due Information Report.” Click “Continue.” Select the report year. Click “Continue.” Confirm that you're eligible to file a No Tax Due Report and click “Continue.”

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