Asked in Business Formation and Tax Law for Texas

Q: I created an LLC. I submitted a 2553 to become an s-corp. What do I do for franchise taxes?

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1 Lawyer Answer

Jack Ternan

Answered
  • Plano, TX
  • Licensed in Texas

A: If you created the LLC in Texas, the Comptroller's office normally sends a mailer to the registered agent's address with information on how to file franchise tax reports and pay any amounts owed.

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