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 No Tax Due Information Report Franchise Tax 2021

05 163 2021-2025 Form

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Instructions and help about texas franchise tax form 05 163 2019

Host: The most common report filed is the no tax due report. We had over six hundred twenty-three thousand entities file the no tax due report online last year. But to qualify for this report filing your entity must have total revenue under the threshold limit. And the threshold limit for the twenty eighteen and twenty nineteen report years is one million one hundred thirty thousand dollars. Melissa: Hold on Betsy you're saying to be qualified to file no tax due report my revenue has to be under one million one hundred thirty thousand last year? Host: You got it, Melissa. Alright, now I see why it's so common.

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