Texas LLC Annual Report and Franchise Tax Deadlines (2026)

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Compute your next deadline

Computed from the state data on this site as of each state's last-reviewed date. Always verify on the official portal before filing — this is a planning estimate, not legal advice. See disclaimer.

Estimate late fees and consequences

Estimate only — based on each state's published penalty schedule as of its last-reviewed date. Percentage-based penalties (e.g., "5% of unpaid tax") depend on the tax amount owed and aren't summed here. Confirm with the official portal before mailing a payment. See disclaimer.

Public Information Report (Form 05-102)

Texas LLCs do not file a separate annual report with the Secretary of State. They file a Public Information Report (PIR, Form 05-102) — listing managers and members or officers — annually with the Texas Comptroller of Public Accounts by May 15. As of the 2024 report year, an entity at or below the No Tax Due threshold no longer files a No Tax Due Report; the PIR is filed on its own. Above-threshold entities file the PIR together with the franchise tax report.

Deadline: May 15.
Fee: $0 · no separate filing fee — the PIR has no charge of its own.
Where to file: comptroller.texas.gov

Franchise tax

Every Texas LLC must file the PIR by May 15 regardless of revenue. Above-threshold entities additionally file the franchise tax report (also due May 15). If May 15 falls on a weekend or holiday, the due date moves to the next business day.

The Texas franchise tax is calculated on the LLC's taxable margin. For reports due in 2026 and 2027, the No Tax Due threshold is $2,650,000 of annualized total revenue. Beginning with the 2024 report year, entities at or below the threshold no longer file a No Tax Due Report at all — they file only the Public Information Report (Form 05-102) by May 15. Above the threshold, retail and wholesale entities pay 0.375%, other entities pay 0.75%, and an EZ Computation rate of 0.331% is available for entities with total revenue at or below $20,000,000.

Deadline: May 15.

Fee: $0 · $0 owed if total revenue is at or below the no-tax-due threshold; calculated rate applies above.

Where to pay: comptroller.texas.gov

What happens if you miss it

Days late Status Fee Consequence
1+ days Late $50 A $50 penalty is assessed on each franchise tax report filed after the May 15 due date.
1+ days Late $0 If tax is owed and paid 1–30 days late, an additional 5% penalty applies on the unpaid tax.
31+ days Late $0 If tax is owed and paid more than 30 days late, the penalty rises to 10% of the unpaid tax.
61+ days Interest — Interest begins accruing on unpaid tax 61 days after the due date.
120+ days Forfeiture — Continued failure to file results in forfeiture of the LLC's right to transact business in Texas. Reinstating the LLC requires filing the overdue report and paying late filing penalties and interest.

Frequently asked questions

Does a Texas LLC file an annual report with the Secretary of State?

No. Texas LLCs do not file a recurring annual report with the Secretary of State. The Public Information Report (PIR, Form 05-102), which keeps the state's record of managers and officers current, is filed annually with the Texas Comptroller of Public Accounts. Beginning with the 2024 report year, entities at or below the No Tax Due threshold file the PIR on its own; above-threshold entities file the PIR together with the franchise tax report.

When is the Texas franchise tax due?

May 15 each year. If May 15 falls on a weekend or holiday, the due date moves to the next business day.

Does my Texas LLC owe franchise tax?

For reports due in 2026 and 2027, entities with annualized total revenue at or below $2,650,000 owe no franchise tax — and beginning with the 2024 report year, they no longer file a No Tax Due Report either; they file only the Public Information Report (Form 05-102) by May 15. Above the threshold, the rate depends on the entity's activity: 0.375% for retail and wholesale, 0.75% for other entities, or 0.331% under the EZ Computation (available when total revenue is at or below $20,000,000).

What happens if I miss the Texas franchise tax deadline?

A $50 penalty is assessed on each report filed late. If tax is owed, an additional 5% penalty applies if paid 1–30 days late and 10% if paid more than 30 days late. Interest begins to accrue 61 days after the due date. Continued failure to file results in forfeiture of the LLC's right to transact business in Texas.

Where do Texas LLCs file the franchise tax report?

Online through the Texas Comptroller's Webfile system, accessible from comptroller.texas.gov. Paper filing remains available, but Webfile is the recommended method.

Sources

  1. Texas Comptroller of Public Accounts — Franchise Tax · retrieved May 9, 2026
  2. Texas Secretary of State — Management and Ownership FAQs · retrieved May 9, 2026
  3. Texas Secretary of State — Business Services · retrieved May 11, 2026
  4. Texas Comptroller — Franchise Tax Filing Requirements (No Tax Due Report change for 2024+) · retrieved May 11, 2026
  5. Texas Comptroller — Annual Report Instructions (PIR/OIR) · retrieved May 11, 2026

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