United States · LLC state costs
Texas franchise tax no tax due checker.
Enter total revenue and pick the report year. See whether the entity is at or below the no tax due threshold, the report date, the rate that applies and what you still have to file.
General information, not legal or tax advice
This compares the revenue you enter with the Comptroller's published threshold. It is general information, not tax advice, and does not compute taxable margin. Nothing you enter leaves your browser and nothing is stored.
Your entity
Result
The Texas no tax due threshold
Texas charges its franchise tax to LLCs and other entities formed or doing business in the state. An entity whose annualized total revenue is at or below the no tax due threshold owes no tax, but still has to file: the Comptroller says an entity at or below the threshold simply files its Public Information Report or Ownership Report. The threshold changes with the report year, so the check is revenue at or below the threshold for the year = no tax due.
| Report year | No tax due threshold | Rate: retail or wholesale | Rate: everything else |
|---|---|---|---|
| 2024 and 2025 | $2,470,000 | 0.375% | 0.75% |
| 2026 and 2027 | $2,650,000 | 0.375% | 0.75% |
Worked examples. A consulting LLC with $2,000,000 of revenue for report year 2026 is $650,000 below the $2,650,000 threshold, owes no tax, and files by 2026-05-15. An LLC with $3,000,000 of revenue is over it. With a $900,000 taxable margin and the 0.75 percent rate, the tool shows $6,750.00. That multiplication is the last step of the Comptroller's computation, not the whole of it.
Method and assumptions
The thresholds, the two rates, the May 15 report date and the shift to the next business day for a weekend are keyed from the Comptroller's franchise tax pages on the retrieval date below. The model compares your revenue with the threshold and nothing else. Working out taxable margin involves choosing among several deductions, apportioning to Texas and combining related entities, none of which this tool attempts; if you enter a margin, you are supplying the result of that work. The Comptroller also lists an EZ computation for entities with total revenue of $20,000,000 or less at a rate of 0.331 percent for report years 2026 and 2027, which this tool does not model. Holidays are not modelled when moving the due date.
What this does not cover
- How to calculate margin, the cost-of-goods-sold, compensation and 70 percent revenue choices, and apportionment.
- Combined reporting for affiliated groups and the revenue of related entities you must add.
- Late filing penalties, forfeiture of registration, extensions and the franchise tax accountability questionnaire.
- Any state other than Texas, and Texas sales tax or local taxes.
Source, retrieved October 19, 2026.
- Texas Comptroller of Public Accounts: Franchise tax: rates, thresholds and deduction limits
Frequently asked questions
What is the Texas franchise tax no tax due threshold?
For report years 2026 and 2027 it is $2,650,000 of annualized total revenue. For report years 2024 and 2025 it was $2,470,000. An entity at or below the figure owes no franchise tax.
Do I still have to file if I owe nothing?
Yes. The Comptroller says an entity at or below the no tax due threshold files its Public Information Report or Ownership Report. Failing to file can lead to notices and, eventually, forfeiture of the registration.
When is the Texas franchise tax report due?
May 15 each year. If May 15 falls on a weekend or holiday, the due date is the next business day. For report year 2027 the tool shows Monday, May 17, 2027.
What are the Texas franchise tax rates?
0.375 percent for retail or wholesale entities and 0.75 percent for all others, applied to taxable margin, for report years 2026 and 2027. The Comptroller also lists an EZ computation at 0.331 percent for entities with total revenue of $20 million or less.
Does an LLC pay if it loses money?
The threshold test is on annualized total revenue, not profit. At or below the threshold there is nothing to pay; above it, the tax is computed on taxable margin, which this tool does not work out.
Does this tool calculate my margin?
No. Margin depends on deductions you choose and on apportionment, so the tool only compares revenue with the threshold and, if you supply a taxable margin, multiplies it by the rate.