The No Tax Due Report is not available for 2025 reports. Effective for reports due on or after Jan.1, 2024, an entity that has annualized total revenue less than or equal to the no tax due threshold of $2.47 million is not required to file a No Tax Due Report.

Franchise tax rates, thresholds and deduction limits vary by report year.

The Employee Information System (EIS) application is no longer available effective May 31, 2025. Please contact your agency Human Resource or Payroll representative for any questions or inquiries · To expedite the processing of your tax returns, please file electronically or use our preprinted ...

If a combined group’s annualized ... group that is organized in Texas or has nexus in Texas must file a PIR or OIR. Annualized Revenue Threshold: $2,470,000 for reports due in 2024-2025......

taxes · If you are unable to file using Webfile, use our downloadable .PDF reports, designed to work with the free Adobe Reader. While other browsers and viewers may open these files, they may not function as intended unless you download and install the latest version of Adobe Reader. 2025 report year forms and instructions · Texas Franchise Tax Reports for 2024 and Prior Years ·

If the tax due is less than $1,000, but annualized total revenue is greater than the no tax due threshold, a franchise tax report supporting that no tax is due (Form 05-158, Texas Franchise Tax Report, or Form 05-169, Texas Franchise Tax EZ Computation Report) must be filed.

March 7, 2025 - The No Tax Due Threshold determines which businesses are exempt from franchise tax payments but still need to file a report. For the 2025 tax year, businesses with total annual revenue below $1.23 million are not required to pay franchise tax.

2 weeks ago - This structure is why the computation method and apportionment matter so much in Texas. 2025 update: The No Tax Due threshold is $2,470,000 for reports originally due in 2024 and 2025 (up from $1.23M in 2022–2023).

Franchise tax rates, thresholds and deduction limits vary by report year.

The Employee Information System (EIS) application is no longer available effective May 31, 2025. Please contact your agency Human Resource or Payroll representative for any questions or inquiries · To expedite the processing of your tax returns, please file electronically or use our preprinted ...

The 2025 Texas Franchise Tax Report ... to tax, exemptions, and filing requirements. Key highlights include a no tax due threshold of $2,470,000, the discontinuation ......

Ordering Franchise Tax filing obligations from least to most complex: An entity with annualized total revenue less than or equal to the no tax due threshold ($2,470,000 in 2024 and 2025...

After filing your tax report and paying the amount due, you may request a waiver of all penalties assessed by downloading, completing and submitting Form 89-224, Request for Waiver of Penalty for Late Report and/or Payment (PDF). ... Franchise tax rates, thresholds and deduction limits vary by report year.

The Comptroller of Public Accounts of the U.S. state of Texas has published the tax rates, thresholds, and deduction limits for the state's franchise (margin) tax for 2026 and 2027. The rates are the same as for 2024 and 2025, while the no tax due threshold and the compensation deduction limit are increased, as follows:No Tax Due Threshold US

November 12, 2025 - The State of Texas recently published revised Franchise (Margin) Tax rates, thresholds, and deduction limits for the 2024 and 2025 report years:

Master Texas franchise tax instructions 2025 with our comprehensive guide. Learn registration, calculation, and avoid common mistakes.

August 28, 2025 - Your filing requirements include completing and submitting the following: If your company’s revenue exceeds $2.47 million (as of 2025), you’re required to file a Franchise Tax Report, with one of two designations: “EZ Computation” or ...

See Tax Rates, Threshold, and Deduction Limits for information on current and historic tax rate, threshold, and deduction limit information. Franchise tax reports are due on May 15 each year.

April 17, 2025 - These changes may impact your filing obligations and tax calculations. Franchise Tax Rates and Thresholds For 2025, the Texas franchise tax rates and thresholds are as follows: No Tax Due Threshold: $2.47 million

November 1, 2025 - If business owners aren't prepared, they could struggle to meet their tax obligations. However, businesses that fall below the $1.23 million revenue threshold don't need to worry about paying the franchise tax.