Create multiple Form 05-102 and Form 05-167 when filing a unitary 1040 Texas return
File each entity included on the Texas Franchise Tax Affiliate Schedule (Form 05-166) and marked as a Corporation or LLC, a Public Information Reports (PIR) (Form 05-102) with the report. Each entity on the Affiliate Schedule indicated as an entity other than a Corporation or LLC needs to file an Ownership Information Report (OIR) (Form 05-167).
PIR Form 05-102 for Corporations or LLC's
Follow these steps to create multiple Public Information Reports (PIR) in a 1040 client when filing a combined report:
- For each affiliate activity that requires a Form 05-102, go to theGenscreen in the General folder and add a unit. Enter the Parent Entity EIN (mandatory), Taxpayer Name/Name of LLC, Address, the Taxpayer number, and the Secretary of State number (if known).
- Once the previous information in theTXGenscreen is complete, go to theTXOthscreen and enter the information. To print the return, mark eitherNo changes to the officers, directors, or members for this corporationorOfficer, director or member information. Texas also requires the name of the officer, director, or member and the telephone number.
OIR Form 05-167 for entities other than a Corporation or LLC
If the entity is not a corporation or LLC, mark the checkbox on the TXGen screen and follow these steps to produce Form 05-167:
- For each affiliate activity that requires Form 05-167, go to theTXGenscreen in the General folder and add a unit. Enter the Parent entity EIN (mandatory), the Taxpayer Name/Name of the LLC, the Address, the Taxpayer Number, and the Secretary of State Number (if known).
- Once the previous information in the TXGen is complete, go to theTXOthscreen in the General folder and enter the information in theGeneral partnership, person or entity owns 10% or more interest in this reporting entitystatement window.
