An Overview of Tennessee State Business Income Tax Extension Forms

- Updated Feb 27, 2021 - 8.00 AM by Admin, ExpressExtension

Does Tennessee support tax extension for business income tax returns?

Q

Yes. Tennessee requires businesses to file a Federal Form 7004 rather than requesting a separate state tax extension.

State Tax extension Form can be filed only if the federal tax extension Form 7004 was not granted or the payment was not made.

What Form does the state of Tennessee require to apply for an extension?

Q

The businesses operating in Tennessee (as Corporation, Limited Liability Company & Limited Partnership) need to file Form FAE 173 with the state to obtain a 6-month extension of time to file their business income tax return with the state.

  • Form FAE173 - Request for Six-Month Extension to File (for Franchise and Excise Tax Returns)

When is the deadline to file Form FAE173 with the state of Tennessee?

Q
Tennessee State Business Tax Extension

The state of Tennessee Franchise and Excise Tax Returns Form FAE170 and Form FAE174 are due by the 15th day following the 4th month after the end of the businesses reporting period.

For those businesses operating on a calendar year, this deadline is on April 15, 2021.

To file an extension for Forms FAE170 and FAE174 apply for an extension using Form FAE173 on or before the same date the business tax return is due.

Form FAE173 grants an automatic 6-month extension of time to file Form FAE170 and FAE174.

Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

How do I pay my balance due along with the extension Form?

Q

You can choose to pay your balance due along with your return by using any one of the following options:

  • All the 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.
    https://tntap.tn.gov/eservices/

Where do I mail the extension Form FAE173?

Q

Mail Form FAE173 to the following address:

Tennessee Department of Revenue,
Andrew Jackson State Office Building,
500 Deaderick Street, Nashville, TN 37242.