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EZ Computation ReportFranchise Tax

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Industry Classification Code

SIC Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined group. View the 1987 Standard Industrial Classification (SIC) codes .

NAICS Code: Enter the code that is appropriate for the taxable entity or the code that reflects the overall business activity of a combined group. View the North American Industry Classification System (NAICS) codes.

Accounting Year Begin Date

Annual Report: Enter the day after the end date on the previous franchise tax report.

For entities that became subject to the tax after October 3, 2009, enter the date the entity became subject to the tax.

Final Report: Enter the day after the end date on the previous franchise tax report.

Accounting Year End Date

Annual Report: Enter the last accounting period end date for federal income tax purposes in the year before the year the report is originally due.

Entities that became subject to the tax during the previous calendar year and have a federal accounting year end date that is prior to the date the entity became subject to the tax, will use the day they became subject to the franchise tax as the accounting year end date on the first annual report. This results in a zero report.

Final Report

Enter date the taxable entity ceased doing business in Texas. For a Texas entity, the end date is the effective date of the termination, merger or conversion into a non-taxable entity. For a non-Texas entity, the end date is the date the entity ceased doing business in Texas.

Revenue

Gross receipts or sales: Enter gross receipts or sales for the period upon which the tax is based. See instructions for Item 1 on Form 05-158-A for more information.

Dividends: Enter dividends for the period upon which the tax is based. See instructions for Item 2 on Form 05-158-A for more information.

Interest: Enter interest for the period upon which the tax is based. See instructions for Item 3 on Form 05-158-A for more information.

Rents: Enter rents for the period upon which the tax is based. See instructions for Item 4 on Form 05-158-A for more information.

Royalties: Enter royalties for the period upon which the tax is based. See instructions for Item 5 on 05-158-A for more information.

Gains/losses: Enter gains/losses for the period upon which the tax is based. See instructions for Item 6 on Form 05-158-A for more information.

Other income: Enter other income for the period upon which the tax is based. See instructions for Item 7 on Form 05-158-A for more information.

Exclusions

Exclusions from Revenue: Enter exclusions from revenue for the period upon which the tax is based. See instructions for Item 9 on Form 05-158-A for more information.

Apportionment Factor

Gross receipts in Texas: Enter Texas gross receipts for the period upon which the tax is based. See Form 05-158 instructions for more information.

Gross receipts everywhere: Enter gross receipts everywhere for the period upon which the tax is based. See Form 05-158 instructions for more information.

Find franchise tax forms.

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