1. Check Your Filing Requirements

 

Start with your entity type and report year. Many Texas LLCs and corporations have franchise tax reporting obligations, while some entities qualify for exclusions or exemptions. Use the Comptroller’s franchise tax overview to check which rules apply.

 

For report years 2024 and later, taxable entities at or below the applicable no tax due threshold do not file a No Tax Due Report. They generally still file a Public Information Report or Ownership Information Report. Special rules apply to qualifying new veteran-owned businesses and combined groups. Review the reporting rules.

 

2. Gather Your Records

 

Have your taxpayer number, Webfile access, revenue records, NAICS code, and current officer or ownership details ready. Make sure your figures cover the correct reporting period.

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3. Complete the Required Reports

 

Check the forms and instructions for your report year before choosing an EZ Computation or Long Form report. Complete the information report required for your entity, even when no franchise tax is due. Find official forms and instructions.

 

4. File and Keep Your Confirmation

 

Use the Comptroller’s official filing page to access Webfile and filing options. Review your business details and figures before submitting, then save copies of your reports and confirmation.

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5. Check the Due Date

 

Annual reports are generally due May 15, moving to the next business day when that date falls on a weekend or legal holiday. Extension requests must meet the Comptroller’s timing and payment requirements. Check the current rules before relying on an extension. Review due dates and extension information.

 

Received a Notice?

 

Read the notice carefully and identify the report year, missing reports, and any balance due. A notice of intent to forfeit and an actual forfeiture are different stages, so follow the instructions for your specific notice.

 

For many entities at or below the no tax due threshold, filing the missing information report resolves the reporting issue. The Comptroller does not assess a $50 late-filing penalty for a Public Information Report or Ownership Information Report. Find instructions for your notice.

 

If Reinstatement Is Needed

 

Bring required reports up to date and pay outstanding tax, penalties, and interest. Then request a tax clearance letter from the Comptroller and submit the required reinstatement forms, clearance letter, and fees to the Secretary of State. The steps depend on your entity’s status. Follow the official reinstatement instructions.

 

Need a Hand?

 

KB2 can help you understand what is missing, organize your records, and work through the next steps. Contact us at info@kb2bookkeeping.com or 512-843-2320.

 

Reviewed September 14, 2026. This guide provides general information; your filing requirements depend on your business and report year.