Get Tx Comptroller 05-166 2023-2025

This guide provides a step-by-step approach to effectively completing the TX Comptroller 05-166 form online. The TX Comptroller 05-166 is essential for reporting franchise tax information for businesses and partnerships operating in Texas.

Follow the steps to accurately fill out the TX Comptroller 05-166.

1. Click the ‘Get Form’ button to access the TX Comptroller 05-166 form and open it for editing.
2. Enter the report year in the designated field. For instance, if you are filling out the form for the year 2023, ensure that '2023' is noted clearly.
3. Provide the reporting entity's taxpayer number. If the entity is disregarded for franchise tax, mark the corresponding circle to indicate this status.
4. Input the gross receipts subject to throwback in other states in the next field if applicable. Make sure to enter this amount before any eliminations.
5. Complete the fields for gross receipts everywhere and gross receipts in Texas before eliminations. These amounts should reflect your total sales and operations.
6. If applicable, indicate the cost of goods sold or compensation before any eliminations to provide a clear picture of your operating expenses.
7. Ensure all fields are filled out accurately and review your information for completeness.
8. After completing the form, you can save your changes, download, print, or share the form as needed.

Start completing your TX Comptroller 05-166 form online today to ensure timely reporting!