Yahoo Web Search

Search results

1. comptroller.texas.gov › help › franchiseNo Tax Due Report - Texas Comptroller of Public Accounts

   comptroller.texas.gov › help › franchise

   • Cached

   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: $1,230,000 for reports due in 2022-2023. $1,180,000 for reports due in 2020-2021. $1,130,000 for reports due in 2018-2019. $1,110,000 for reports due in 2016-2017. $1,080,000 for reports due in 2014 ...

2. comptroller.texas.gov › taxes › franchiseTexas Franchise Tax Report Forms for 2023

   comptroller.texas.gov › taxes › franchise

   • Cached

   Any entity that does not elect to file using the EZ Computation, or that does not qualify to file a No Tax Due Report, should file the Long Form report. 05-158-A and 05-158-B, Franchise Tax Report (pages 1 and 2) - ANNUAL (PDF) or FINAL (PDF) 05-160, Credits Summary Schedule - ANNUAL (PDF) or FINAL (PDF) 05-102, Public Information Report ...

3. People also ask

   What is a 2023 franchise tax report?

   • Example: A taxable entity’s 2023 franchise tax report is based on the period 09-15-2022 through 12-31-2022 (108 days), and its total revenue for the period is $400,000. The taxable entity’s annualized total revenue is $1,351,852 ($400,000 divided by 108 days multiplied by 365 days).

   2023 Texas Franchise Tax Report Information and Instructions

   comptroller.texas.gov/forms/05-911.pdf

   See all results for this question

   Who should file a no tax due report?

   • Filing Requirements: Any entity (including a combined group) that does not qualify to file using the EZ computation or that does not have $1,230,000 or less in annualized total revenue (qualifying to file the No Tax Due Report) should file this report.

   2023 Texas Franchise Tax Report Information and Instructions

   comptroller.texas.gov/forms/05-911.pdf

   See all results for this question

   What is the difference between a 2023 and 2024 annual report?

   • Since the federal accounting year end date of 08-31-2022 is prior to the date the entity first became subject to the tax, both the accounting period begin and end date on the 2023 annual report will be 10-05-2022. This results in a zero report. On the 2024 annual report, the entity will file with an accounting period 10-05-2022 through 08-31-2023.

   2023 Texas Franchise Tax Report Information and Instructions

   comptroller.texas.gov/forms/05-911.pdf

   See all results for this question

   What if my annualized total revenue is below the no tax due threshold?

   • This entity’s annualized total revenue is below the no tax due threshold. If annualized total revenue is less than or equal to $1,230,000, the entity qualifies to file the No Tax Due Report. See the annualized total revenue section of these instructions for more information.

   2023 Texas Franchise Tax Report Information and Instructions

   comptroller.texas.gov/forms/05-911.pdf

   See all results for this question

4. comptroller.texas.gov › forms › 05-9112023 Texas Franchise Tax Report Information and Instructions

   comptroller.texas.gov › forms › 05-911

   To annualize total revenue, divide total revenue by the number of days in the period upon which the report is based, and multiply the result by 365. Example: A taxable entity’s 2023 franchise tax report is based on the period 09-15-2022 through 12-31-2022 (108 days), and its total revenue for the period is $400,000.

5. www.llcuniversity.com › texas-llc › annual-reportTexas LLC: No Tax Due & Public Information Report | LLCU®

   www.llcuniversity.com › texas-llc › annual-report

   • Cached

   Nov 27, 2023 · Step 3: Select ” File a No Tax Due Information Report” and click Continue. Note: If you see a “no period obligations” message, please call 1-800-531-5441 (extension 34402) to see why there is no report showing for your LLC. The office is open Monday through Friday from 8am to 5pm Central Time.

6. www.texasregisteredagent.net › resources › fileTexas Franchise Tax Report: Everything You Need to Know to File

   www.texasregisteredagent.net › resources › file

   • Cached

   How to File. There are three ways to file the Texas Franchise Tax Report: No Tax Due. EZ Computation. Long Form. If your business falls under the $1,230,000 revenue limit, then you don’t owe any franchise tax. If you are above the limit, you can choose to fill out and file the EZ Computation form or to take the time to fill out the Long Form.

7. www.michaelplaks.com › texas-franchise-tax-reportsTexas Franchise tax reports – Michael Plaks, EA

   www.michaelplaks.com › texas-franchise-tax-reports

   • Cached

   Jan 2, 2021 · Step 6 – Completing the No Tax Due Information Report. Report year: 2023 – entered automatically; Privilege period: 01/01/2023 – 12/31/2023 – entered automatically. Yes, it should be 2022, the current year. Due date: 05/15/2023 – entered automatically; NAICS code: see Step 4 above. This code is required. Accounting year: 01/01/22 ...

8. www.youtube.com › watchHow to File a No Tax Due Information Report - YouTube

   www.youtube.com › watch

   • Cached

   

   5:42

   Sep 25, 2016 · This official video from the Texas Comptroller of Public Accounts shows you how to file a No Tax Due Information Report.Visit the Texas Comptroller's Webfile...

   • Date: Sep 25, 2016
   • Views: 80.2K
   • Author: txcomptroller