An Overview of Texas State Business Income Tax Extension Forms

- Updated Feb 27, 2021 - 8.00 AM by Admin, ExpressExtension

Does Texas support tax extension for business income tax returns?

Q

Texas State does not have a separate income tax for businesses. But, the State imposes the Franchise Tax on businesses operating in Texas.

Businesses can file a tax extension with the state department to request additional time to file the franchise tax with the state.

What Form does the state of Texas require to apply for an extension?

Q

The businesses operating (as Corporation or S-Corporation, Partnership) in Texas need to file Form 05-164 with the state to obtain a 6-month extension of time to file their franchise tax return with the state.

  • Form 05-164 - Automatic 6 month Extension
    Texas Franchise Tax Annual Report Extension Request
  • Form 05-165 - Automatic 6 month Extension
    Texas requires this Form when the business filing extension for a combined group.

When is the deadline to file Form 05-164 with the state of Texas?

Q

Texas State Franchise tax return is due by the 15th day of the 5th month following the end of the reporting period.

For businesses operating on a calendar year, the franchise tax deadline is on May 17, 2021.

To file an extension for Franchise tax return, apply for an extension using Form 05-164 on or before the same date the franchise tax return is due.

Form 05-164 grants an automatic 6-month extension of time to file Texas Franchise Tax Return.

Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

How do I pay my balance due along with the extension Form?

Q

You can choose to pay your balance due along with your return by using any one of the following options:

  • Businesses can Use the franchise tax web file offered by Texas (https://security.app.cpa.state.tx.us/) to make tax payments and balance dues.
  • This web file includes Electronic payment options such as Electronic Fund Transfers, credit cards, electronic checks (Web EFT).

Where do I mail the extension Form Form 05-164?

Q

Mail Extension Form 05-164 to the following address:

Texas Comptroller of Public Accounts,
P.O BOX 149348,
Austin, TX 78714-9348