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No Tax Due Report in Texas
Do I need to file Form 05-168 no tax due report in Texas if my revenue is below the threshold?
If your income is below the threshold in Texas, you generally don't need to file Form 05-163, No Tax Due Report. Texas requires this report only when your revenue exceeds $2,470,000 for 2024. However, you'd still need to file the Public Information Report or Ownership Information Report.
Even when your income is below the threshold, some businesses choose to file anyway to keep their records current with the state to avoid any confusion about their status.
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