Texas Franchise Tax Report Forms 2025: Filing Requirements, Deadlines, & How to Submit

Filing a Franchise Tax Report is crucial for keeping your business in good standing in Texas. Missing the deadline can result in penalties, fees, and unnecessary complications, but the process doesn’t have to be overwhelming. 

This guide will walk you through who needs to file, which forms to use, and how to submit your Texas franchise tax return on time.

📌 New to franchise tax? Read this guide for a complete introduction: Franchise Tax 101: Understanding Your Obligations in Texas

What Is the Texas Franchise Tax & Who Needs to File in 2025?

The Texas Franchise Tax is a privilege tax imposed on businesses operating in Texas. Unlike a corporate income tax, this tax is based on a company’s gross revenue rather than net income.

The Texas Comptroller of Public Accounts administers franchise tax collection and requires most business entities to file a franchise tax report (also called a franchise tax return) annually, even if no tax is due. Understanding the Texas franchise tax filing requirements for your entity type is the first step toward compliance.

Entities Required to File:

• Corporations

• Limited Liability Companies (LLCs)

• Limited Partnerships (LPs)

• Professional Associations

• Business Trusts

Entities Exempt from Filing:

• Sole Proprietorships (unless registered as an LLC)

• General Partnerships (unless they include a limited partner)

• Nonprofits & Certain Organizations with an approved exemption

📌 **Check your exemption status **here

📌 2025 Update: Businesses under $2.47 million in revenue must no longer file a No Tax Due Report (Form 05-163). Instead, they must submit a Public Information Report (PIR) or an Ownership Information Report (OIR).
🔗 More details: comptroller.texas.gov

Texas Franchise Tax Filing Deadline 2025: Key Dates

The Texas franchise tax due date is the same every year. Here are the dates you need to know for your 2025 franchise tax filing:

• Annual Franchise Tax Report Due Date: May 15, 2025

• Extension Deadline: Pay at least 90% of the tax owed by May 15 to avoid penalties. Extension requests are filed through the Comptroller's WebFile system.

• Final Reports: Businesses closing or withdrawing from Texas must file their final franchise tax return within 60 days of the termination or withdrawal date

Penalties for Late Filing:

• $50 penalty for any late report (even if no tax is due)

• 5% penalty on unpaid taxes (increases to 10% if over 30 days late)

• Interest charges accrue on overdue amounts

• Loss of good standing with the Texas Secretary of State, which can prevent your business from legally operating, entering into contracts, or filing lawsuits in Texas

2025 Texas Franchise Tax Report Forms: Which One Do You Need?

Public Information Report (PIR) or Ownership Information Report (OIR)

Who Needs to File?

• Businesses with $2.47 million or less in revenue

Filing Requirements:

• Corporations, LLCs, LPs, and Professional Associations must submit Form 05-102 (Public Information Report - PIR)

• Other taxable entities must submit Form 05-167 (Ownership Information Report - OIR)

Texas Form 05-102 instructions: The Public Information Report collects details about your business officers, directors, members, or managers — including names, titles, and addresses. Complete all required fields on Form 05-102, verify that officer/member information matches your current records, and submit electronically through WebFile. Online filing is required for businesses under the $2.47 million revenue threshold.

📌 Full filing instructions for all Texas franchise tax forms

EZ Computation Report (Form 05-169) – Simplified Filing Option

Who Uses It?

• Businesses with $20 million or less in total revenue

• Companies preferring a simpler tax calculation method (but without deductions)

📌 Form 05-169 (EZ Computation Report)

Long Form Franchise Tax Report (Forms 05-158-A & 05-158-B) – For Large Businesses

Who Needs to File?

• Businesses with over $20 million in revenue

• Businesses using deductions for cost of goods sold (COGS), compensation, or 30% of revenue

The tax rate is 0.375% for retail and wholesale businesses and 0.75% for all other businesses.

📌 Form 05-158-A & 05-158-B (Franchise Tax Report)

Texas Franchise Tax Payment Options: How & Where to Pay in 2025

✔️ Online Payment (Recommended)
✔️ Mail: Checks & money orders (processing may take longer)
✔️ ACH Transfer: Required for businesses owing $500,000+ in franchise tax

If you need to mail your Texas franchise tax Public Information Report or other forms, send them to: Texas Comptroller of Public Accounts, P.O. Box 149348, Austin, TX 78714-9348.

📌 Electronic filing is faster, provides instant confirmation, and lets you track your submission in real-time.

How Jupid Tax Can Help

Franchise tax compliance can be complex, but Jupid makes it effortless. Our AI-powered accountant simplifies LLC formation, bookkeeping, and tax compliance through natural conversations—so you can focus on running your business, not paperwork.

✔️ Accurate calculations ensure you pay the correct amount
✔️ Automated filing means you never miss a deadline
✔️ A simple, AI-driven system handles everything in minutes

📌 File your Franchise Tax Report accurately and on time with Jupid. Learn more here.

Final Takeaways

✔️ Deadline: May 15, 2025 – don’t be late
✔️ Forms: No Tax Due Report is eliminated – use PIR/OIR for small businesses
✔️ Filing: Online filing is required for businesses under the $2.47M threshold
✔️ Penalties: Late fees & loss of good standing for missed filings
✔️ Need Help? Jupid can guide you through the process

📌 New to franchise tax? Read Franchise Tax 101: Understanding Your Obligations in Texas

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Last Updated: March 9, 2026

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References Used in This Article

Texas Comptroller – Franchise Tax Overview: https://comptroller.texas.gov/taxes/franchise/

Texas Comptroller – 2025 Forms & Filing Instructions: https://comptroller.texas.gov/taxes/franchise/forms/2025-franchise.php

Texas Comptroller – Payment Portal: https://comptroller.texas.gov/taxes/franchise/pay/