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The law requires No Tax Due Reports originally due on or after Jan.1, 2016 to be led electronically. Filing this paper report means you are requesting, and we are granting, a waiver from the electronic reporting requirement for this report year ONLY.
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- Industry Classification Code
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SIC Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined group. View the 1987 Standard Industrial Classification (SIC) codes. NAICS Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined gro...
Annual Report:Enter the day after the end date on the previous franchise tax report. For entities that became subject to the tax after October 3, 2009, enter the date the entity became subject to the tax. Final Report:Enter the day after the end date on the previous franchise tax report.
Annual Report:Enter the last accounting period end date for federal income tax purposes in the year before the year the report is originally due. Entities that became subject to the tax during the previous calendar year and have a federal accounting year end date that is prior to the date the entity became subject to the tax, will use the day they ...
Is this entity a passive entity as defined in Section 171.0003 of the Texas Tax Code?
1. Select Yes when the entity meets the definition of a passive entity found in Section 171.0003 of the Texas Tax Code. See instructions for Item 1 on Form 05-163 for more information.
Is this entity’s annualized total revenue below the no tax due threshold?
1. Select Yes when the entity’s total annualized revenue is less than or equal to the no tax due threshold. The no tax due threshold is as follows:
Does this entity have zero Texas gross receipts?
1. Select Yes when the entity has zero Texas gross receipts. See Form 05-158 instructions for more information.
Enter the amount of total revenue using the instructions for Items 1-10 of Form 05-158-A. Note: Passive entities, REITs and new veteran-owned businesses may enter zero. Find franchise tax formsif you cannot submit electronically.
Sep 25, 2016 · This official video from the Texas Comptroller of Public Accounts shows you how to file a No Tax Due Information Report.
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- txcomptroller
Complete 05-163 Texas Franchise Tax Annual No Tax Due Information Report - Window State Tx online with US Legal Forms. Easily fill out PDF blank, edit, and sign them. Save or instantly send your ready documents.
How to File Your Texas Franchise Tax Report Determine your due date and filing fees. Complete the report online OR download a paper form. (Paper forms not allowed for No Tax Due Information Report.) Submit your report to the Texas Comptroller of Public Accounts.
May 30, 2023 · Extended filing deadline for 2019 tax refunds. Taxpayers usually have three years to file and claim their tax refunds. The three-year deadline for filing 2019 returns to claim a refund was in 2022, but the IRS postponed the deadline to July 17, 2023, due to the COVID-19 pandemic.
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Nov 27, 2023 · Every Texas LLC must file a Franchise Tax Report and a Public Information Report every year for their “annual report”. These must be filed in order to keep your LLC in good standing with the state of Texas.
