The Texas 05-169 form is an essential document used by businesses to report their franchise tax in Texas. Designed for entities with annualized total revenue of $20 million or less, this form simplifies the tax filing process. Understanding its requirements and implications can help ensure compliance and avoid potential penalties.
The Texas 05-169 form, known as the Franchise Tax EZ Computation Report, serves as an essential tool for businesses operating within Texas. Designed for entities with annualized total revenue of $20 million or less, this form streamlines the reporting process for franchise taxes. It collects crucial information such as the taxpayer's identification details, including their name, address, and relevant file numbers. The form requires the reporting of various revenue sources, including gross receipts, dividends, and interest, among others. Taxpayers must also indicate if their address has changed or if they are filing a combined report. Additionally, the form addresses the apportionment of revenue, allowing businesses to calculate their tax obligations based on their gross receipts in Texas versus their total gross receipts. It is important to note that if the calculated tax due is less than $1,000, no payment is required. However, entities making a tiered partnership election must remit any amount due. Comprehensive instructions for completing the form are available online, ensuring that taxpayers have the resources they need to navigate this process effectively.
05-169
Texas Franchise Tax EZ Computation Report
(Rev.9-16/8)
Annualized total revenue must be $20,000,000 or less to file this form
Tcode 13252
Annual
Due date
Taxpayer number
Report year
Taxpayer name
Secretary of State file number
or Comptroller file number
Mailing address
City
State
Country
ZIP code plus 4
Blacken circle if the
address has changed
Blacken circle if this is a combined report
Blacken circle if Total Revenue is adjusted for
Tiered Partnership Election, see instructions
Is this entity a corporation, limited liability company, professional association, limited partnership or financial institution?
Yes
No
m m d d y
Accounting year begin date **
y
m m d d y y
NAICS code
Accounting year end date
REVENUE (Whole dollars only, items 1 -12)
1.
Gross receipts or sales
2.
Dividends
3.
Interest
4.
Rents (can be negative amount)
5.
Royalties
6.
Gains/losses (can be negative amount)
7.
Other income (can be negative amount)
8.
Total gross revenue (Add items 1 thru 7)
9.
Exclusions from gross revenue (see instructions)
10.
TOTAL REVENUE (item 8 minus item 9 if less than zero, enter 0)
11.
Gross receipts in Texas
12.
Gross receipts everywhere
13.Apportionment factor (Divide item 11 by item 12) (Round to 4 decimal places)
14.Apportioned revenue (Multiply item 10 by item 13) (Dollars and cents)
15.Tax due before discount (Multiply item 14 by 0.00331) (Dollars and cents)
16.Discount (see instructions, applicable to report years 2008 and 2009)
17.TOTAL TAX DUE (item 15 minus item 16) (Do not include payment if this amount is less than $1,000)
13.
14.
15.
16.
17.
00
Do not include payment if item 17 is less than $1,000 or if annualized total revenue is less than the no tax due threshold (see instructions).
If the entity makes a tiered partnership election, ANY amount in item 17 is due. Complete Form 05-170 if making a payment.
Print or type name
Area code and phone number
(
)
-
I declare that the information in this document and any attachments is true and correct to the best of my knowledge and belief.
Mail original to:
Texas Comptroller of Public Accounts
Date
P.O. Box 149348
Austin, TX 78714-9348
Instructions for each report year are online at www.comptroller.texas.gov/taxes/franchise/forms/. If you have any questions, call 1-800-252-1381.
** If not 12 months, see instructions for annualized revenue.
VE/DE
PM Date
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