Tennessee State Business Tax Extension Filing Instructions
837 views |
Last modified 3/20/2023 8:09:21 AM EST |
Added by ExpressExtension Team
Tennessee doesn’t require businesses to file a separate business extension form if having an approved federal extension form. The state will automatically grant Tennessee tax extension. If the federal tax extension Form 7004 was not granted or owed state tax due, the business can file a separate State Tax Extension Form.
Extension Form to use
- Form FAE-173, Application for Extension of Time to File Franchise, Excise Tax Return.
Due date to file Tennessee Tax Extension
Extension Form | Actual Due Date | Extension Period |
---|---|---|
Form FAE173 (Franchise and Excise Tax Return) |
15th day of the 4th month following the close of the tax year (April 15 for the calendar year taxpayers). | 6-Month Extension |
Tennessee tax extension Filing Method (Paper/Electronic)
Tax extension for the State of Tennessee can be filed either through electronic or paper filing methods.
How to pay the state tax due?
You can choose to pay your balance due along with your return by using the following options:
All franchise and excise tax returns and their associated payments must be submitted electronically. This can be done by using the Tennessee Taxpayer Access Point (TNTAP). You should have a valid TNTAP account to file this tax with the state.
Does ExpressExtension support this State filing?
Yes, you can Complete the Tennessee Extension Form with ExpressExtension in minutes. Our application validates your form by performing an internal audit to check for errors. Once complete, all you need to do is print your form and mail it to the address we’ve provided. Please note: An extension to file doesn’t mean more time to pay, if you owe any tax due, make your tax payment by the original due date of your state return to avoid late payment penalties.
Any Special Requirements?
A tax extension gives you more time to file but not more time to pay your state tax. To avoid penalties, you must pay at least 90% of your current year’s tax liability or 100% of your previous year’s tax liability and file your Tennessee extension request by the original deadline of the return.
For more information regarding Tennessee business state tax extension, click here.