Accounting year end date e-file error
Accounting year end date: If you are filing an annual franchise tax report, the accounting year end date cannot be greater than January 4 of the report year.
You get this when the accounting year end date is later than the report year.
note
The report year pertains to the year the tax return was filed in. For example, if the return's being filed on 11/15/2023, then the report year would be 2023.
Solution
- Go toTax Forms,States, and thenTexas.
- Select theapplicable Franchise Tax Form: 05-158-A, 05-163, or 05-169, and review the accounting year end date.
- Next, go toOrganizer,State Franchise Tax,Texas Franchise, and thenGeneral Information.
- Review and correct theAccounting year end date.
- Perform a full re-compute, re-create the e-file, then re-submit.
