Confirm the taxable entity, reporting period and the status shown by the Texas Comptroller before preparing a filing.
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Texas franchise tax filings are administered by the Texas Comptroller of Public Accounts, and the applicable filing path may include an information report, an E-Z Computation or Long Form depending on the entity’s facts.
Filing distinctionNo tax due does not always mean nothing to file.
No Tax Due Threshold$2.65M
Normal annual due dateMay 15
Retail / wholesale rate0.375%
Other taxable entities0.75%
Start with the filing obligation
Tax liability and reporting responsibility are different questions.
For report years 2026–2027, the Texas Comptroller lists a $2.65 million No Tax Due Threshold. An entity at or below the threshold generally does not file the former No Tax Due Report, but an applicable Public Information Report or Ownership Information Report may still be required.
The filing path depends on the entity type, annualized total revenue, reporting period and calculation method. An S corporation election for federal tax purposes does not by itself eliminate Texas franchise-tax responsibilities.
Separate no-tax-due treatment from PIR/OIR information reporting and, when applicable, E-Z Computation or Long Form requirements.
Use reconciled revenue and accounting records so the amounts reported to Texas can be explained and supported.
Related guidance
Three questions often determine the next step.
The general franchise-tax guide covers thresholds, rates and due dates. The LLC guide focuses on LLC obligations. The PIR/OIR guide explains which information report applies by entity type.
Questions
No tax due does not end the analysis.
What is the No Tax Due Threshold for 2026–2027?
$2.65 million in annualized total revenue.
Does a Texas LLC below the threshold still file anything?
Most LLCs generally still file the Public Information Report even when no franchise-tax report is due under the threshold rules.
Is the No Tax Due Report still used?
Texas discontinued the former No Tax Due Report for reports originally due on or after January 1, 2024.
Does an S corporation election remove Texas franchise tax?
No. An S election is a federal tax classification and does not by itself eliminate Texas franchise-tax obligations.
Texas franchise tax support
Start with the entity, the records and the filing status.
Tell us what the Comptroller account shows and what records are available. We can help identify the appropriate next step.