Requirements for Reporting and Paying Franchise Tax Electronically

The law requires all No Tax Due Reports due on or after Jan. 1, 2016 to be filed electronically.

The following entities can file a No Tax Due Report:

• a passive entity as defined in Texas Tax Code Section 171.0003;
• an entity that has total annualized revenue less than or equal to the no tax due threshold;
• an entity that has zero Texas gross receipts;
• an entity that is a Real Estate Investment Trust (REIT) meeting the qualifications specified in Texas Tax Code Section 171.0002(c)(4); or
• an entity that is a pre-qualified new veteran-owned business as defined in Texas Tax Code Section 171.0005.

Select one of these reporting methods:

• WebFile
• Approved electronic submission software providers
• Approved form providers
• Tax forms

Select one of these reporting methods:

• WebFile
• Approved electronic submission software providers
• Approved form providers
• Tax forms

Select one of these payment methods:

• Web Electronic Funds Transfer (EFT) or credit card via WebFile (American Express, Discover, Mastercard and Visa)
• Approved electronic submission software providers
• TEXNET
• Check

Select one of these reporting methods:

• WebFile
• Approved electronic submission software providers
• Approved form providers
• Tax forms

Select one of these payment methods:

• Web Electronic Funds Transfer (EFT) or credit card via WebFile (American Express, Discover, Mastercard and Visa)
• Approved electronic submission software providers
• TEXNET

Select one of these reporting methods:

• WebFile
• Approved electronic submission software providers
• Approved form providers
• Tax forms

TEXNET is the only acceptable payment method.