A final report and payment of tax are due within 60 days after the taxable entity no longer has sufficient nexus with Texas to be subject to the franchise tax. Request an extension for a final report online with Webfile or by filing Form 05-164, Texas Franchise Tax Extension Request, along with ...

An extension of time to file a franchise tax report will be tentatively granted upon receipt of an appropriate timely online extension payment or request on a form provided by the Comptroller. Timely means the request is received or postmarked on or before the due date of the original report.

The Texas franchise tax is a privilege ... Overview. Approved Tax Preparation Software Providers · Filing and Payment Requirements · No Tax Due Reporting for Report Years 2024 and Later · Request an Extension ·...

Yes. Unless you are filing your business’s franchise tax report and paying any franchise tax due by the reporting due date, you need to file a franchise tax extension request with the Comptroller’s office.

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 ·

May 8, 2024 - The extension is generally granted to November 15. However, entities that paid $10,000 or more in franchise taxes in the previous state fiscal year (September 1 to August 31) are required to pay using EFT (electronic funds transfer).

Annual extension requirements will apply for all annual reports, including the first annual report. On the first annual report, the option to pay 100 percent of the prior year's tax is not available.

June 3, 2025 - A valid extension is good for six months (November 15th). Taxpayers who owed $10,000 or more in franchise tax in the prior year are required to make payment electronically via Electronic Funds Transfer (EFT) and only get an initial 3-month extension ...

July 30, 2024 - Taxpayers can extend a PIR or an OIR beyond the May 15 deadline by filing a Texas Franchise Tax Extension Request (Form 05-164).

The Texas franchise tax is a privilege ... Overview. Approved Tax Preparation Software Providers · Filing and Payment Requirements · No Tax Due Reporting for Report Years 2024 and Later · Request an Extension ·...

February 8, 2024 - The businesses operating (as Corporation or S-Corporation, Partnership) in Texas need to file Form 05-164 with the state to obtain a 6-month extension of time to file their franchise tax return with the state.

March 4, 2025 - You may request a 3-month extension to file that Texas annual franchise tax report by filing Texas Form 05-164.

An extension of time to file a franchise tax report will be tentatively granted upon receipt of an appropriate timely online extension payment or request on a form provided by the Comptroller. Timely means the request is received or postmarked on or before the due date of the original report.

December 14, 2023 - In the event you are unable to file your Texas franchise tax report by the due date, you may request and extension by filing Texas Form 05-164, Texas Franchise Tax Extension Request, which will extend your due date to August 15th. Texas is one of the few states that will allows for a second ...

This paper discusses the relief ... has provided a blanket, automatic extension for Report Year 2020 Texas franchise tax reporting and payments to July 15, 2020....

The Texas Franchise Tax Extension Request Form (05-164) allows businesses to request an extension for their franchise tax filing. This form is crucial for ensuring compliant tax submissions.

Second extension for entities required to pay franchise tax by EFT: 3 additional months. Final report: 45 additional days past the final report due date. Form 05-164, Texas Franchise Tax Extension Request can be electronically filed.

July 29, 2024 - The statute of limitations for assessment of additional franchise tax, as well as for filing franchise tax refund claims, is generally four years from the date the tax becomes due and payable, but the starting date for that four-year period ...

August 14, 2023 - On August 15, you either have to file your franchise tax return or request a 2nd 3 month extension, which gives you until November 15 (January 15, 2021 for the 2020 Texas Franchise Tax Report).

Filing a tax extension is now easy with ExpressExtension. E-file 2024 Form 7004, 4868, 8868 & 8809 in just a few minutes and get instant approval from the IRS.