Texas Franchise Tax & May 15 PIR Calculator

$0 Texas Franchise Tax — SB 3 threshold

Mandatory Form 05-102 PIR: May 15 annually starting the calendar year after formation. $0 report state fee + optional $129 Corp USA service.

Form 05-163 is abolished for report years 2024+. Even with $0 tax, file PIR/OIR to avoid $50 late penalty (§ 171.362), forfeiture (§ 171.251) and personal liability for debts incurred during forfeiture (§ 171.252).

Estimate only; enter eligible deductions and Texas receipts. This does not determine retail eligibility, deduction limits, combined reporting or statutory exclusions.