Who needs a form FAE 170?
Form FAE 170 is created for small business owners to report franchise and excise tax and income to the Department of Revenue. This form in particular is designed for entrepreneurs in the State of Tennessee.
What is form FAE 170 for?
FAE in the form index stands for Franchise and Excise. This form includes 8 pages of schedules for the annual franchise and excise tax reports. On filler, you can find forms for the 2008, 2010 and 2014 taxable years.
Is it accompanied by other forms?
It is a self-contained form and should not be accompanied by any attachments.
When is this form due?
Annual forms in Tennessee are to be filed by the 15th day of the 4th month after the taxable year ended, or after you have closed your books and records. So usually the FAE 170 is to be filed by April 15th. However, this form can be requested any time of the year for various reasons. In this case, you should find out the due date from the party that requested the report.
How do I fill out form FAE 170?
Calculate your taxes thoroughly and fill in the schedules for franchise taxes, excise taxes, total tax due and overpayments. Remember that if you need to file schedule N for apportionment, you will submit it on paper and separately from the online version. You can find information about the tax rates for each taxable year on official web pages.
Where do I send form FAE 170?
Send it electronically using approved software. To learn more about this soft visit the official website of Tennessee Department of Revenue.