Texas Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Texas.
🗺️Why calculating in this state is different
Texas has no state income tax.
State Income Tax
None
Base Sales Tax
6.25%
State Min Wage
$7.25 / hr
Abbreviation
TX
Texas Business
This calculator uses the latest 2026 data for Texas, including the minimum wage of $7.25/hr and the specific lack of a state income tax.
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State Tax RateNone
📊State Details
State Income Tax
None
Base Sales Tax
6.25%
State Min Wage
$7.25/hr
Abbreviation
TX
Net Income
$58,500.00
after taxes in Texas
Gross Income
$75,000.00
Total Tax
$16,500.00
📈Key Metrics
Net Income
$58,500.00
after taxes
State Tax
$0.00
state income tax
Effective Tax Rate
22.0%
total tax burden
ℹ️Summary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$0.00
Net Income$58,500.00
❓Frequently Asked Questions
What is the corporate tax rate in Texas?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Texas must also consider unemployment insurance taxes, sales tax collection (6.25%), and local business licenses.
Do LLCs pay tax in Texas?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 0% rate. However, Texas may also impose an annual LLC franchise fee.
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