Texas Franchise Tax and PIR: 2026–2027 Guide
By Texas State Registered Agent Editorial Team
Published 2026-10-10 · Modified 2026-10-10 · Last verified 2026-10-10
What is due, and when?
The Texas Comptroller states that annual franchise tax reports are due May 15. If that date falls on a weekend or holiday, the due date moves to the next business day. May 15, 2026 was a Friday. May 15, 2027 is a Saturday; under the published general rule, the ordinary deadline moves to Monday, May 17, 2027. Check the Comptroller for extensions, disaster relief and entity-specific requirements.
Franchise tax and information reports go to the Comptroller, not to the Secretary of State. Changing a registered agent does not satisfy these obligations.
The threshold is report-year specific
The Comptroller's published no-tax-due threshold for report years 2026 and 2027 is $2,650,000 of annualized total revenue. It was $2,470,000 for 2024 and 2025. Do not use the current threshold to prepare a delinquent earlier-year return.
Annualized revenue, combined groups, exemptions and report types can make the calculation more complex than looking at a bank balance. Use a CPA or the Comptroller's guidance to determine your particular filing position.
No tax due does not always mean no filing
For report years 2024 and later, an entity at or below the threshold generally does not file the discontinued No Tax Due Report. The Comptroller says it still must file the applicable Public Information Report (PIR) or Ownership Information Report (OIR).
There are important exceptions. The official guidance describes qualifying new veteran-owned businesses and passive entities, among other categories. Do not assume every entity needs the same report or that every exemption applies automatically.
A practical preparation checklist
- Identify the report year and correct taxpayer account.
- Confirm the accounting period and annualized total revenue.
- Check whether a combined group or special exemption applies.
- Review governing-person and ownership details for the appropriate information report.
- File through the official Comptroller process and save confirmation.
- Resolve any tax, penalties, interest or missing-report notice promptly.
If you receive a forfeiture notice
Read the notice's year and required action, rather than paying an unsolicited third party. The Comptroller's 2026 notices say entities at or below the relevant threshold may need to file their missing PIR or OIR. If state forfeiture has already occurred, see the separate reinstatement guide.
Registered-agent service receives designated legal and official communications; it is not tax preparation or a guarantee of good standing. Maintain your own compliance calendar and consult the official account-status instructions.
Sources and verification
General information only, not legal or tax advice. Confirm current official requirements and consult an attorney or CPA for advice about your situation.