Dallas, Texas

Looking for the Texas franchise tax report instructions

The index is the front door. The instructions for a line you are stuck on are the year's own instructions, not a paraphrase written in September for every year at once.

What was read, and what was left on the Comptroller site

Due date, thresholds, rates, EZ band, penalties, interest, and the two forfeiture notices were on the franchise index and are quoted on this site with the day they were read.

Line-by-line instructions, the extension's effect on payment, the signature rules on the information report, and the long-form margin methods were not the text in front of the builder. Sending a reader a invented line number would be worse than sending them back to the index.

Read on the Comptroller franchise index, comptroller.texas.gov/taxes/franchise/, on 29 September 2026. 15 May is the day named for the yearly filing, and a weekend or holiday pushes that day forward to the following business day. For report years 2026 and 2027, tax begins above 2,650,000 dollars. Retail or wholesale is listed at 0.375 percent, every other activity at 0.75 percent, compensation is capped at a 480,000 dollar deduction, and the EZ rate of 0.331 percent is listed beside a 20 million dollar revenue band. For report years 2024 and 2025 the tax-begins figure is 2,470,000 dollars and the compensation cap is 450,000 dollars. Filing after the due date costs 50 dollars on the report. Paying in the first 30 days after the due date adds 5 percent of the tax. Paying after that window adds 10 percent. Unpaid tax starts accruing interest on day 61. Even when tax is zero, the index still wants a Public Information Report or an Ownership Report. Those lines were copied from the franchise index and nowhere else.

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