Form 89 224 2025

See details

4.4 out of 5

254 votes

The document is a request form for taxpayers in Texas to apply for a waiver of penalties associated with late reports and/or payments. It outlines the necessary taxpayer information, the types of tax and periods for which waivers can be requested, and requires an explanation for the delay. Additionally, it provides contact information for submitting the request and details on how to follow up.

Here's how it works

01. Edit your form 89 224 online

Type text, add images, blackout confidential details, add comments, highlights and more.

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

Send 89 224 via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out form 89 224 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by entering your Taxpayer Information. Fill in your name and Texas 11-digit taxpayer number in the designated fields.
For the Penalty Waiver Request, specify the maximum waiver request you are seeking. Ensure that it does not exceed the allowed limits for monthly, quarterly, or annual tax periods.
Select the Tax Type and Filer Type from the dropdown menus for each period you are requesting a waiver for. Be sure to include all relevant months and years.
In the Amount of Penalty field, indicate how much penalty you wish to be waived. Provide a brief explanation in the Penalty Waiver Reason section detailing why your report or payment was late.
Complete your Contact Information by filling out your preferred contact method, name, job title, email, phone number, and address.
Once completed, send your request via mail, email, or fax as indicated at the bottom of the form.

Start using our platform today to fill out form 89 224 quickly and efficiently!

See more form 89 224 versions

We've got more versions of the form 89 224 form. Select the right form 89 224 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2020	4.8 Satisfied (257 Votes)
2016	4.4 Satisfied (254 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.

What happens if you forget to file franchise tax in Texas?

Penalties and Interest A $50 penalty is assessed on each report filed after the due date. If tax is paid 1-30 days after the due date, a 5 percent penalty is assessed.

What happens if you dont pay the Texas Comptroller?

Statutory penalty on past due taxes are calculated as follows: If you are paying the tax 1-30 days late, add a 5% penalty. If you are paying the tax over 30 days late, add a 10% penalty. If you are paying the tax after the date referenced on the Notice of Tax/FEE Due, add an additional 10% penalty (for a total of 20%).

Who is required to file a Texas franchise tax report?

Each taxable entity formed as a corporation, limited liability company (LLC), limited partnership, professional association and financial institution that is organized in Texas or has nexus in Texas must file Form 05-102, Texas Franchise Tax Public Information Report (PIR) annually to satisfy their filing requirements.

What entities are not subject to Texas franchise tax?

The tax is not imposed on: sole proprietorships (except for single member LLCs); general partnerships where direct ownership is composed entirely of natural persons (except for limited liability partnerships); entities exempt under Subchapter B of Chapter 171, Tax Code; certain unincorporated passive entities;

Why would someone get a penalty waiver in Texas?

If you failed to file multiple reports or found an error in your records and wish to voluntarily file or amend multiple past due reports that exceed the maximum allowed within the above guidelines, you may qualify for waiver of penalties based on a Voluntary Disclosure Agreement.

texas form 89 224

form 89-225 Form 89 224 instructions Form 89 224 pdf Form 89 224 texas Can the Texas Comptroller freeze bank account Texas franchise tax late filing penalty waiver request for waiver of penalty for late report and/or payment Form 843

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

What triggers franchise tax in Texas?

If your business earns more than $1,230,000 in revenue per year, you must pay a franchise tax to the Texas government. An experienced attorney can help calculate your rate and determine how much franchise tax you must pay.

Form 89 224 2025

Here's how it works

How to use or fill out form 89 224 with our platform

See more form 89 224 versions

Complete this form in 5 minutes or less

Got questions?

What happens if you forget to file franchise tax in Texas?

What happens if you dont pay the Texas Comptroller?

Who is required to file a Texas franchise tax report?

What entities are not subject to Texas franchise tax?

Why would someone get a penalty waiver in Texas?

Complete this form in 5 minutes or less

People also ask

What triggers franchise tax in Texas?

89 224 texas

Try more PDF tools