First, the expenses you incurred to incorporate the business are considered Start-Up Costs for the company. In exchange for these expenses, you received equity that forms your basis in the corporate stock. In other words, you now have stock worth $15,000. The business has start-up costs that are partially deductible and partially amortized. This would be reported on the company's Federal tax return.
See this link for more: IRS Pub 535 Business Start-Up and Organizational Costs
While you now have an investment in stock, you won't report this on your tax return. Any dividends paid to you (or wages, if you become an employee of the corporate) are taxable income.
Since you incorporated in Delaware, you will likely need to file a Delaware business return, and possibly other corporate filings as well. Most corporations use an agent to represent the company in a state where the owner is not a resident. Here's a link to the Delaware Secretary of State: https://corp.delaware.gov/frtax.shtml
Any income earned by the corporation within Texas may require a Texas tax return as well. Check with the Secretary of State for more assistance: http://www.sos.state.tx.us/corp/foreign_outofstate.shtml
You may wish to contact the legal firm that set up your corporation to be sure you are complying with all state and federal laws regarding taxation and reporting.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
