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Common questions about Texas Form 05-102 in Lacerte

SOLVEDby IntuitLacerte Tax10Updated May 16, 2022

This article will help with questions regarding the Form 05-102, Texas Franchise Tax Public Information Report. Click a link to view more information below.

A separate PIR is to be filed for each corporation, LLC, limited partnership, professional association and financial institution that files a separate franchise tax report or that is part of a combined group (unless the corporation, LLC, limited partnership, professional association or financial institution is not organized in Texas and does not have physical presence in Texas). Texas Franchise Instructions, Page 11
Changes to the registered agent or registered office must be filed directly with the Secretary of State, and cannot be made on this form. The changes can be made online or on forms downloaded from their website at: https://www.sos.state.tx.us/corp/forms_option.shtml

The Lacerte tax program automatically produces the 05-102 for the following modules:

  • (1040) Individual
  • (1120) Corporate
  • (1120S) S-Corporate
  • (1065) A partnership that is a Limited Liability Company (LLC) files the 05-102
  • (1065) A partnership that is not an LLC's file the 05-167

Additional Input can be made in the following screens by module:

  • 1040
    • Section A - Input in Detail screen 54.434 - Section A Additional Texas Officers (Form 05-102)
    • Section B - Input in Detail screen 54.435 - Section B Owned Corporation (Form 05-102)
    • Section C - Input in Detail screen 54.436 - Section C Owning Corporation (Form 05-102)
    • Registered Agent - Input in Detail screen 54.437 - Texas Miscellaneous Information (Form 05-102)
  • 1120
    • Section A - Assign officers in Detail screen 2 - Officer Information.
      • Additional input in Detail screen 51.433 - Texas Section A Additional TX Officers
    • Section B - Owned Corporation input in Detail screen 51.434 - Texas Section B Owned Corporation
    • Section C - Owning Corporation input in Detail screen 51.435 - Texas Section C Owning Corporation
    • Registered Agent input in Detail screen 51.436 - Texas Miscellaneous Information
  • 1120-S
    • Section A - Assign officers in Detail screen 2 - Officer Information.
      • Additional input in Detail screen 49.433 - Texas Section A Additional TX Officers
    • Section B - Input in Detail screen 49.434 - Texas Section B Owned Corporation
    • Section C - Owning Corporation input in Detail screen 49.435 - Texas Section C Owning Corporation
    • Registered Agent input in Detail screen 49.436 - Texas Miscellaneous Information

On the Texas Franchise Tax screen, check the box in the General section that indicates No nexus in Texas.

  • Individual - Screen 54.431, Texas Franchise Tax
  • Partnership - Screen 43.431, Texas Franchise Tax
  • Corporate - Screen 51.431, Texas Franchise Tax
  • S-Corporate - Screen 49.431, Texas Franchise Tax

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