Texas: tax incentives, credits and advisors
Texas has no personal income tax, so federal strategies matter most for Texans, and state-level savings usually come through property tax. Texas exempts the added value of qualifying on-site solar and wind devices from property tax.
Facts checked 2026-10-26 against the official sources linked below.
State incentives
Renewable energy items we cover in depth; the full catalog by category follows.
Solar and wind-powered energy device property tax exemption
Tax Code §11.27 exempts the appraised value that a qualifying solar or wind-powered energy device adds to property, when the device is primarily for production and distribution of energy for on-site use. The application is Comptroller Form 50-123, filed with the county appraisal district.
Sources: Texas Comptroller, Property Tax Exemptions; Texas Tax Code §11.27 (Justia)
Below are the major Texas incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.
Texas film and media incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Texas Moving Image Industry Incentive Program (TMIIIP) | Grant (cash) | Film, TV, commercial, animation, video game and other moving image projects meeting Texas-resident crew and cast and in-state production minimums | Base grant of 5% to 25% of eligible Texas spending depending on budget and project type, plus additional awards of 1% to 2.5%; $250,000 minimum in-state spend | Not applicable (cash grant) | Not applicable (cash grant) | Active; rules for projects starting after September 1, 2025 | Texas Film Commission, TMIIIP projects starting after Sept. 1 Last verified 2026-10-26 |
Texas historic and building rehabilitation incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Certified historic structures rehabilitation credit | Credit (franchise tax or insurance premium tax) | Owners of certified historic structures placed in service after a certified rehabilitation, with more than $5,000 of eligible costs; certification through the Texas Historical Commission | Up to 25% of eligible rehabilitation costs and expenses | Transferable: Yes; can be sold or assigned (Comptroller Form 05-179), but only usable against Texas franchise or insurance premium tax since Texas has no personal income tax | Not stated | Active | Texas Comptroller, Tax Credit for Certified Rehabilitation of Certified Historic Structures; Texas Historical Commission, Tax Credit Programs FAQ Last verified 2026-10-26 |
Texas jobs, investment and enterprise zones incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Jobs, Energy, Technology and Innovation Act (JETI) | Limitation (school property tax) | Businesses meeting statutory job creation and investment minimums by county population, under an agreement with the school district, Comptroller and Governor's office | 10-year limitation on school district maintenance and operations taxable value | No | No | Active | Texas Comptroller, Jobs, Energy, Technology and Innovation Act (JETI) Last verified 2026-10-26 |
Texas research and development incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Research and development franchise tax credit (Subchapter T) | Credit (franchise tax) | Taxable entities with qualified research expenses | Credit based on qualified research expenses; effective January 1, 2026, replacing the former Subchapter M credit and sales tax exemption | Not stated | Limited: refundable for entities owing no franchise tax because they are a qualified new veteran-owned business, their tax is under $1,000, or their revenue is at or below the no-tax-due threshold | Active from January 1, 2026 | Texas Comptroller, Subchapter T Franchise Tax Credit for Research and Development Activities Last verified 2026-10-27 |
Texas renewable energy incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Solar and wind-powered energy device exemption (Tax Code §11.27) | Property tax exemption | Owners of solar or wind devices primarily producing energy for on-site use, whether or not they own the land | Exempts the appraised value the device adds to the property (or the device itself); apply with Form 50-123 at the county appraisal district | No (exemption) | No | Active | Texas Tax Code §11.27 (Justia); Texas Comptroller, Property Tax Exemptions Last verified 2026-10-26 |
State income tax notes
- The Texas Constitution (Article VIII, Section 24-a) prohibits a state tax on the net incomes of individuals. (Source: Texas Constitution, Article 8, Section 24-a)
Advisors located in Texas
- AG Freideman, CPA Dallas, TX
- Jackson Walker LLP Dallas, TX
- Nexus Square Austin, TX
Listed alphabetically by the location on each advisor's public listing; not a recommendation. Many firms also serve clients in other states.
Sponsors headquartered in Texas
- Landmark Wildlife Management Austin, TX
- Plateau Land & Wildlife Management Austin, TX
Each sponsor page shows its evidence score and any public-record flags.
Related strategies
- Solar Investment Credits IRS scrutiny: Yellow/Orange
- Farmland Tax Treatment IRS scrutiny: Green/Yellow
- Like-Kind Exchanges IRS scrutiny: Green
- Accelerated Depreciation IRS scrutiny: Yellow
Related guides
- How to reduce taxes on passive income: losses, credits and timing
- Is solar tax equity legit? How to tell a sound solar tax deal from a risky one
- How to find and vet a tax mitigation advisor: credentials, questions and red flags
- How state tax credit transfers work: minimum prices, notices, buyer limits and state examples
- How states tax capital gains and passive income in 2026: California, Washington, Massachusetts, Texas and more
Common questions
Does Texas have a state income tax?
No. The Texas Constitution prohibits a state tax on the net incomes of individuals.
Are solar panels exempt from property tax in Texas?
Tax Code §11.27 exempts the value a qualifying solar or wind device adds to property when it is primarily for on-site energy use. Apply on Form 50-123 with the appraisal district.
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