Texas PTET 2026: deadline, rate, who can elect
Texas (TX), tax year 2026, from the same rules the connector returns. 2025 is below for comparison. Last verified October 24, 2026.
Informational. Not tax advice.
Elective PTET
No
Texas has no state income tax. No elective pass-through entity tax was identified for 2026. The Comptroller page cited here is the 2025 fiscal note stating that Texas has no state income tax. No 2026 enactment of an income tax or an elective pass-through entity tax was identified.
Who can elect
Not applicable.
There is no elective pass-through entity tax and no individual income tax.
How the election is made
Not applicable.
There is no election.
Rate
Not applicable. Texas has no state income tax.
The franchise tax is not described as an elective pass-through entity tax.
Owner relief
Not applicable.
There is no owner credit or exclusion.
Estimates
Not applicable.
No elective-tax estimates are described.
Sunset or repeal
Not applicable.
There is no elective tax with a sunset.
Still open in the source review
- Texas franchise-tax treatment of depreciation was not reviewed.
Sources for this year
2025
Last verified October 24, 2026.
Elective PTET
No
Texas has no state income tax. No elective pass-through entity tax was identified, and there is no individual income tax against which an owner credit or exclusion would operate.
Who can elect
Not applicable. Texas has no individual income tax and no elective pass-through entity tax was identified.
The Comptroller's 2025 page states that Texas has no state income tax.
How the election is made
Not applicable.
There is no elective pass-through entity tax to elect.
Rate
Not applicable. Texas has no state income tax.
The franchise tax is a margin tax. It is not described here as an income tax or as an elective pass-through entity tax.
Owner relief
Not applicable.
There is no owner credit or exclusion for a state elective pass-through entity tax.
Estimates
Not applicable.
No elective pass-through entity tax estimates are described.
Sunset or repeal
Not applicable.
There is no elective tax with a sunset.
Still open in the source review
- Texas franchise-tax, or margin-tax, treatment of depreciation was not reviewed. There is no individual income-tax rule to state.
Sources for this year
Bonus-depreciation conformity is on its own page.