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Level 2
August 11, 2020
Question

How to take second extension for TX Franchise Tax through ProConnect?

  • August 11, 2020
  • 1 reply
  • 16 views
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1 reply

sjrcpa
Level 15
August 11, 2020

I didn't know there was a second extension.

The more I know the more I don’t know.
divyeshAuthor
Level 2
August 11, 2020

Yes if the entity has paid more than $10,000 in franchise tax in prior year is only extended until August 15th and can request second extension by August 15th to extend it further until November 15th. TX Comptroller Webfile has option to file second extension but we will have to manually include all affiliates, therefore, I was checking with ProConnect if it has option to request second extension. 

sjrcpa
Level 15
August 11, 2020

Thanks for the info. Sorry I don't know the answer to your question.

The more I know the more I don’t know.