Form detail
Texas Comptroller of Public Accounts Form 05-158-A / 05-158-B
Texas Franchise Tax Report
Country
United States
Revision year
2026
Methods
paper, efile
Updated
2026-05-02
Texas Franchise Tax Report
Annual Texas franchise tax report package for taxable entities that must report franchise-tax liability or filing status.
Who must file: Texas taxable entities that must satisfy annual franchise-tax filing requirements, including entities that owe tax and entities whose filing status still requires a report.
Practical overview
Texas franchise tax is not just a tax-payment issue. The annual report package is also how the entity keeps its state account current, and missing the report can create forfeiture and good-standing problems even when the tax due is low or zero.
Practical steps
- Confirm whether the entity has a Texas franchise-tax filing obligation for the report year.
- Check whether the entity owes tax or sits at or below the no-tax-due threshold.
- Prepare the franchise tax report and the related information report that matches the entity type.
- File by May 15 or the next business day if the date falls on a weekend or holiday.
Due-date notes
Annual Texas franchise tax report due date.
Timing: May 15 each year
Extension reference: Texas extension payment or request may be available when filed timely
Penalty snapshot
Texas can impose late-filing and late-payment consequences and may move toward forfeiture if franchise-tax filing requirements are not met.
Related forms
Related guides
Primary sources
- Texas Franchise Tax Report Forms for 2026Verified 2026-05-02
- Texas Franchise TaxVerified 2026-05-02
- Texas Franchise Tax OverviewVerified 2026-05-02
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.