Texas franchise tax ez computation report 2018 form-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering your taxpayer number and report year at the top of the form. Ensure that you also fill in your mailing address, including city, state, and ZIP code.
3. Indicate if this is a combined report or if total revenue is adjusted for Tiered Partnership Election by blackening the appropriate circles.
4. Fill in the accounting year begin and end dates. If your address has changed, mark that circle as well.
5. Proceed to the revenue section. Enter whole dollar amounts for gross receipts, dividends, interest, rents, royalties, gains/losses, and other income in their respective fields (items 1-7).
6. Calculate total gross revenue by adding items 1 through 7 and enter this amount in item 8. Then list any exclusions from gross revenue in item 9.
7. Determine total revenue by subtracting item 9 from item 8 and enter it in item 10. Complete items 11 and 12 with gross receipts data.
8. Calculate the apportionment factor (item 13) and apportioned revenue (item 14). Finally, compute tax due before discount (item 15) and total tax due (item 17).
9. Sign and date the form at the bottom before submitting it to the Texas Comptroller of Public Accounts.

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