Generating TX Franchise Returns for a SMLLC in the Individual Module

To Generate a TX Franchise Return in the Individual Module:

1. In Screen 54, State Taxes, select on Texas Franchise Tax from the top left navigation panel. (This will take you to Screen 54.431)
2. In the General section enter the following:
   • Enter the LLC name (MANDATORY).
   • Enter the State taxpayer #.
   • Enter the TX Secretary of State #.
   • Enter the 6 digit NAICS code.
   • Enter the 4 digit SIC code.
3. Enter any applicable information on this screen.
4. Select Add from the middle left navigation panel to add additional SMLLCs and Repeat Steps 4-9 for each SMLLC.
5. Click on Texas Business Activity from the top left navigation panel. (This will take you to Screen 54.432.)
6. Select the LLC name from the drop-down menu.
7. Select the Business activity from the drop-down menu.
8. Select the Business activity name or number from the drop-down menu.
9. Click Add from the bottom left navigation panel to add additional SMLLCs.

Viewing the forms :

1. Click on the Forms tab.
2. Click on TX from the top left navigation panel.If you have multiple SMLLCs:
3.  Click on the drop-down menu next to the Govt Instructions window.
4.  Click on your other SMLLCs listed to toggle between their forms.