Skip to main content

Legal

Tax & Accounting

Trade & Supply

Risk & Fraud

News & Media

Books

Developers

Help articles

Report year for fiscal year-end returns: 1065 Texas (TX)

Question
Which report year do I file if I have a fiscal year-end return?
Answer
The Texas Franchise tax is based upon the results of operations ending in the year preceding the report year. The report year equals the year filed.
Texas Franchise tax privilege periods, other than initial reports and final reports, are defined as having a January 1 to December 31 calendar year, even if the federal return is for a fiscal year.
For the annual report period, the accounting year end date is the end date for federal income tax purposes in the year before the annual report is originally due. Texas annual reports for a fiscal year federal return will initially be due on May 15 of the calendar year following the federal return year end date.
A
2025
 Texas annual report is to be filed for any fiscal year federal return ending in
2024
. Franchise tax returns can't have an accounting year end that is greater than January 4th of the report year being filed.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close