No-Tax-Due Threshold (TX)

Indexed Texas revenue line ($2.65M for 2026–2027 reports) under which margin tax is $0, but the PIR is still due.

In detail

No tax report is filed under the threshold (the No Tax Due Report was retired in 2024), but the PIR or OIR is still due May 15.

The threshold is re-indexed every two years: $2.47M for 2024–2025 reports, $2.65M for 2026–2027.

Crossing it switches you to EZ or long-form math.