Get the up-to-date 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 2023 now

Get Form
Form preview image

Here's how it works

01. Edit your form online
01. Edit your form online
Type text, add images, blackout confidential details, add comments, highlights and more.
02. Sign it in a few clicks
02. Sign it in a few clicks
Draw your signature, type it, upload its image, or use your mobile device as a signature pad.
03. Share your form with others
03. Share your form with others
Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to edit 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 in PDF format online

Form edit decoration
9.5
Ease of Setup
DocHub User Ratings on G2
9.0
Ease of Use
DocHub User Ratings on G2

Working on paperwork with our comprehensive and intuitive PDF editor is straightforward. Make the steps below to complete 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 online quickly and easily:

  1. Log in to your account. Sign up with your credentials or create a free account to try the product prior to choosing the subscription.
  2. Import a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
  3. Edit 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1. Effortlessly add and underline text, insert pictures, checkmarks, and icons, drop new fillable fields, and rearrange or delete pages from your paperwork.
  4. Get the 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 completed. Download your adjusted document, export it to the cloud, print it from the editor, or share it with other participants using a Shareable link or as an email attachment.

Take advantage of DocHub, one of the most easy-to-use editors to rapidly manage your paperwork online!

See more 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 versions

We've got more versions of the 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 form. Select the right 05 - 158 -A TEXAS FRANCHISE TAX REPORT - Page 1 version from the list and start editing it straight away!
Versions Form popularity Fillable & printable
TX Comptroller 05-158-A 2021 4.9 Satisfied (27 Votes)
TX Comptroller 05-158-A 2019 4.4 Satisfied (183 Votes)
TX Comptroller 05-158-A 2018 4.3 Satisfied (30 Votes)
TX Comptroller 05-158-A 2020 4.3 Satisfied (49 Votes)
TX Comptroller 05-158-A 2010 4.2 Satisfied (45 Votes)
TX Comptroller 05-158-A 2006 4.3 Satisfied (70 Votes)
be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Contact us
Minimum Franchise Tax An entity that calculates an amount of tax due that is less than $1,000 or that has annualized total revenue less than or equal to $1,180,000 is not required to pay any tax.
Minimum Franchise Tax An entity that calculates an amount of tax due that is less than $1,000 or that has annualized total revenue less than or equal to $1,180,000 is not required to pay any tax.
The franchise tax report determines how much tax your Texas limited liability company (LLC) or corporation owes, as well as keeping your information up to date in state databases.
The Texas franchise tax calculation is based on margin, which can be calculated using one of the following methods: Total revenue times 70% Total revenue minus cost of goods sold (COGS) Total revenue minus compensation. Total revenue minus $1M.
The first thing to know when it comes to Texas franchise tax is that it is NOT the same as sales tax. Sales tax only taxes the end consumer. Franchise tax taxes all the businesses involved in the process from the manufacturer to the end distributor.
be ready to get more

Complete this form in 5 minutes or less

Get form

People also ask

Each taxable entity formed in Texas or doing business in Texas must file and pay franchise tax.
There is no minimum tax requirement under the franchise tax provisions. An entity that calculates an amount of tax due that is less than $1,000 or that has annualized total revenue less than or equal to $1,180,000 is not required to pay any tax.
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 Texas franchise tax calculation is based on margin, which can be calculated using one of the following methods: Total revenue times 70% Total revenue minus cost of goods sold (COGS) Total revenue minus compensation. Total revenue minus $1M.
Texas Tax Code Section 171.001 imposes franchise tax on each taxable entity that is formed in or doing business in this state. All taxable entities must file completed franchise tax and information reports each year.

Related links