The payment should equal the balance of the amount of tax that will be reported as due on Nov. 15. If all of the tax due was paid with the entity's first extension, use franchise tax Webfile or submit Form 05-164, Texas Franchise Tax Extension Request, to request a second extension.

If I filed a federal extension, do I need to file a Texas franchise tax extension request as well? 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 ...

July 29, 2024 - If the entity satisfies these requirements, it will obtain a valid extension of time to August 15 to file its report and pay any remaining franchise tax owed. The beginning date for the four-year statute of limitations for an EFT payer that ...

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).

July 10, 2025 - Reminder for Texas Franchise Tax mandatory EFT payors: The August 15 second extension deadline is approaching! Learn who qualifies, how to pay, and why it matters.

First extension: moves the due date from May 15 to August 15 if 90% of the tax is paid by May 15. Second extension: available until November 15, but only for EFT payors who timely paid using TEXNET.

The annual franchise tax report is due May 15. If May 15 falls on a weekend or holiday, the due date will be the next business day.

For example, if a taxable entity ... tax in the prior year. If a taxable entity is under the no tax due threshold and cannot file their PIR/OIR by the May 15 due date, can the entity file a no payment extension request to extend the due date of the PIR/OIR to Nov....

May 8, 2024 - In addition, the initial extension for these entities is only to August 15. A second extension for these entities can be requested to November 15 but the balance of any franchise tax must be paid by August 15.

March 4, 2025 - Texas is one of the few states ... 15th, you may again file Texas Form 05-064 and extend your final filing deadline to November 15th....

June 3, 2025 - If you failed to make sufficient payment, penalty and interest apply to any part of the 90% of tax not paid by the original due date. A valid extension is good for six months (November 15th).

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.

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 ...

The second extension allows such taxpayers to defer filing their 2020 Texas franchise tax report until Jan. 15, 2021 pursuant to the state’s coronavirus pandemic relief provisions.

July 27, 2024 - The second extension for 2024 Texas Franchise Tax Reports is August 15, 2024. Here's a closer look to see if you need to file and pay this extension.

August 7, 2019 - Home › Insights › Articles › Don’t Miss the Second Texas Franchise Tax Extension Due August 15!

Additional Extensions for EFT Taxpayers (Two-Step). Taxpayers required to pay Report Year 2020 franchise tax via EFT must request two extensions. The first extends the due date to August 15, 2020, and the second extends the due date to January 15, 2021.

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).

File by Mail must be postmarked by the due date. ... You must send payment for taxes in Texas for the fiscal year 2024 by May 15, 2025. The Extension Deadline is November 15, 2025 ...

August 26, 2024 - The Extension Deadline is November 15, 2025, to file your Texas Franchise Tax return. Texas may grant a 6-month extension if an entity cannot file its annual report by the original due date.