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Get Tx 05-169 2025
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How to fill out the TX 05-169 online
This guide provides comprehensive instructions for completing the Texas Franchise Tax EZ Computation Report, known as TX 05-169. Whether you are a business owner or an authorized representative, following these steps will ensure you fill out the form correctly and efficiently.
Follow the steps to complete the TX 05-169 online.
- Press the ‘Get Form’ button to access the TX 05-169 form and open it for editing.
- Enter your taxpayer number in the designated field. Ensure that this number is accurate as it identifies your business in the tax records.
- Fill in the report year, which indicates the year for which you are reporting tax.
- Provide the due date for the form submission. This is important to avoid any penalties.
- Complete the taxpayer name and mailing address fields. This should reflect the current address associated with your business.
- In the box provided, indicate if this is a combined report by blackening the appropriate circle.
- If applicable, blacken the circle to adjust the Total Revenue for Tiered Partnership Election.
- Enter the accounting year begin date and accounting year end date in the specified format.
- Provide the country and ZIP code. Ensure that you complete the ZIP code with the plus 4 format.
- Indicate if the address has changed by blackening the circle.
- If applicable, indicate if the entity is Passive and/or a REIT by blackening the respective circles.
- Input the NAICS code for your business, which helps classify your business type.
- In the revenue section, fill out the fields from 1 to 12 for different income sources, only using whole dollars.
- Calculate total gross revenue by adding the amounts from items 1 through 7 and enter the result in item 8.
- List any exclusions from gross revenue in item 9 as instructed.
- Subtract item 9 from item 8 to calculate total revenue, entering a zero if less than zero.
- Complete the fields for gross receipts in Texas (item 11) and gross receipts everywhere (item 12).
- Calculate the apportionment factor by dividing item 11 by item 12, rounding to four decimal places.
- Multiply item 10 by item 13 to find the apportioned revenue and enter this amount in item 14.
- Determine the tax due before discount by multiplying item 14 by 0.00331 and including the result in item 15.
- If applicable, calculate any discounts for report years 2008 or 2009 in item 16.
- Determine the total tax due by subtracting item 16 from item 15 in item 17. Remember not to include payment if this amount is less than $1,000.
- Print or type your name and include your area code and phone number in the designated fields.
- Sign and date the form to affirm that the information provided is true and correct.
- Review the completed form for accuracy and completeness before you proceed to save changes, download, print, or share the document.
Complete your TX 05-169 form online today for a hassle-free filing experience!
A $50 penalty is assessed on taxpayers on each required franchise tax report filed after the report due date. This penalty is assessed regardless of whether any taxes or fees are due for the late-filed report period. This late-filing penalty is in addition to any other penalties assessed for the reporting period.
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