Texas form 05-163 instructions 2018

Instructions for each report year are online at comptroller.texas.gov/taxes/franchise/forms/. If you have any questions, call 1-800-252-1381. The law fileslib. How do I calculate franchise tax in Texas? Franchise tax is based on a taxable entity's margin. Unless a taxable entity qualifies and chooses to file using the EZ computation, the tax base is the taxable entity's margin and is computed in one of the following ways: total revenue times 70 percent; total revenue minus cost of goods sold (COGS); The preparer must indicate which federal form/schedule the Texas return is for. TX 05-163 - Franchise No Tax Due - Information Report TX 05-163 Missing: instructions | Must include: instructions Form 05-163 “No Tax Due Report” generates automatically if the following occurs: see the Texas Franchise Tax Report Information and Instructions.
Form 05-163 “No Tax Due Report” generates automatically if the following occurs: Taxpayer is a passive entity. Taxpayer is a newly established Texas Veteran
Texas Franchise Tax Report Forms for 2018 ; No Tax Due 05-163, No Tax Due Report - 05-102, Public Information Report - ANNUAL ; EZ Computation 05-169, EZ