TAX NEWS - January 2010

Texas Franchise Tax Reporting Tip: Taxpayer Numbers

Processing your Texas franchise tax reports quickly and correctly is important to us. To help speed processing, here is an important tip for tax preparers on providing a valid taxpayer identification number when you report for a reporting entity, affiliate or partner:

1. Use the complete 11-digit Comptroller taxpayer number if the entity has one. Do not enter just the first 9 digits of this number; this will delay processing.

2. Use the 9-digit Federal Employer Identification Number (FEIN) if the entity does not have a Comptroller taxpayer number.

3. If neither number is available, leave the taxpayer number field blank.

To check the status of a particular account, see our Certificate of Account Status Web site. For more details on the Texas franchise tax, visit Texas franchise tax Web site.