Texas ts 2 2026

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  1. Click ‘Get Form’ to open the texas ts 2 in the editor.
  2. Begin by entering the fee receipt number and amount in the designated fields. Ensure that you input '$20.00' for the paper filing fee.
  3. Fill in the Sales Agent's Name as it appears on their license, along with their License Number. This is crucial for accurate processing.
  4. Provide the Broker's Name and License Number. Indicate whether the broker is a business entity by checking 'is' or 'is not'.
  5. Enter your email address and business phone number for communication purposes, followed by the License Expiration Date.
  6. Ensure that both the Designated Broker and Delegated Supervisor print their names and provide signatures along with dates.
  7. Lastly, furnish the sales agent's mailing address, including city, state, and zip code.

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Instead of an annual report, Texas requires LLCs to file an Annual Franchise Tax Return each year. While this is technically a tax, only businesses that make over $1.23 million in annual revenue will actually need to pay money. Businesses earning less than that just need to file a No Tax Due Report.
2025 Tax year filing threshold chart Filing StatusTaxpayer age at the end of 2025File a return if your gross income was at least this amount in 2025: Single under 65 $15,750 Single 65 or older $17,750 Head of Household under 65 $23,625 Head of Household 65 or older $25,6256 more rows Aug 12, 2025
The Texas no tax due threshold changes every two years (on even years). It was $1.23 million for 20222024, then took a big leap. For franchise tax reports originally due on or after January 1, 2024, the no tax due threshold is $2.47 million.
Fiscal Year 2025-26 Tax Rates The State of Texas assesses a 6.7% gross receipts tax and an 8.25% sales tax on mixed beverages.
For the 2025 Franchise Tax Report, the no tax due threshold is $2,470,000 and entities whose annualized total revenue from their entire business is less than or equal to that amount are not required to file a No Tax Due Report.

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The Texas Franchise Tax is levied annually by the Texas Comptroller on taxable entities doing business in the state that make over $2.47 million in annual revenue. The tax is based upon the entitys margin and can be calculated in a number of different ways.

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