Naveen Mohan from New York Posted August 4, 2015 Report Share Posted August 4, 2015 I wonder if some body could help me in figuring out Texas No Tax due information report (form 05-163) and Texas E-Z tax (Form 05-169). My client is a Two shareholder Sub chapter S corporation with annual revenue of $973,547 which appears to make them eligible for No Tax due because the threshold for No tax due is Gross Revenue $ 1,080,000. However the program is also opening up Texas E-Z tax (Form 05-169) and it is computing a tax of $ 5,598.00. My question is if my client qualifies for Texas No Tax due information report then why Texas E-Z tax is giving out a tax of $ 5,598.00. does my client owes this money or not,Instructions do not appear to be of much help.thanks for your help.Naveen Mohan Quote Link to comment Share on other sites More sharing options...
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