Form 05-158 Texas Franchise Tax print requirements

Taxpayers should file Texas Franchise Tax Annual Report, Form 05-158, only when total annualized revenue is more than $20 million.

If revenue is between $2,470,000 and $20 million, Form 05-169 will print instead. Entities with revenue below $2,470,000 file Form 05-102.

If you’re expecting Form 05-158 to print, verify the revenue in

Tax Forms
States
Texas
05-158, Franchise Tax Report
05-158-A, Franchise Tax Report, Page 1
Line 10

If revenue is more than $20 million, make sure that Texas is not suppressed:

In Organizer
select States
then Common State
.

Select Print Options
, then Print Suppression
.

Go to the Suppression SC-Cities
tab and make sure checkbox isn't selected for the Texas
row and the State Forms
column.

This article applies to: