For Texas report year 2026, an entity at or below $2.65 million in annualized total revenue generally does not file a No Tax Due Report. It generally still files a Public Information Report (PIR) or Ownership Information Report (OIR). “No tax due” does not mean “nothing to file.”
Use annualized total revenue, not profit
The $2.65 million figure is a 2026 report-year threshold for annualized total revenue, not net profit or just Texas sales. Check your entity's total-revenue calculation and reporting period. The threshold can change in another report year. 2026 Comptroller forms and instructions
Check the information report
For entities at or below that threshold, the Comptroller discontinued the No Tax Due Report for reports due on or after January 1, 2024, but generally requires the appropriate PIR (Form 05-102) or OIR (Form 05-167). A qualifying new veteran-owned business has a specific five-year exception while it qualifies. Check your entity's actual account and classification. 2026 forms · Reporting requirements
If revenue exceeds the threshold
An eligible entity with annualized total revenue of $20 million or less may use the E-Z Computation Report; other cases may need the Long Form, depending on elections and circumstances. Do not pick a form from gross receipts or profit alone. Comptroller form options
Example
A Texas LLC with $30,000 of annualized total revenue for report year 2026 is under the published threshold. On the general rule it does not file a No Tax Due Report, but the proper annual PIR or OIR is still required unless an exception applies. This does not settle other taxes, tax classification or a different year. See the Texas formation guide and LLC filings without income.
Official sources checked September 29, 2026: Texas Comptroller 2026 forms · Texas Comptroller reporting rules.
Frequently asked questions
Is $2.65 million a profit threshold?
No. It is the 2026 report-year threshold for annualized total revenue; net profit and Texas-only sales are not the same measure.
Do I file a No Tax Due Report in 2026?
Entities at or below the threshold generally do not file that report; Texas discontinued it for reports due on or after January 1, 2024.
Do I still file anything with little revenue?
Generally yes: the entity files a PIR or OIR unless a specific exception applies, such as the qualifying new veteran-owned business rule.
What if I cross the threshold?
Check the current Comptroller instructions. The E-Z Computation option may apply at $20 million or less annualized total revenue, while other cases use the Long Form.
This is general information, not legal, tax or banking advice. Rules, deadlines and provider policies change; check the linked source and facts of your case before acting.