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TENNESSEE DEPARTMENT OF REVENUERVR0011401 (9/21)Application for Extension of Time to File
2021 Franchise and Excise Tax Return FAE
173Account Number Year Beginning Year Ending seven month extension
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How to fill out 2021 franchise and excise
How to fill out 2021 franchise and excise
01
Gather all necessary documents such as financial statements, tax returns, and business records.
02
Access the official website of the state's department of revenue to access the 2021 franchise and excise tax forms.
03
Carefully fill out all required information including income, deductions, and other financial details.
04
Double-check all information for accuracy and completeness before submitting the forms.
05
Submit the completed forms along with any required payments by the specified deadline.
Who needs 2021 franchise and excise?
01
Businesses operating in Tennessee are required to file and pay franchise and excise taxes for the tax year 2021.
02
Individuals who have income from business activities in Tennessee may also need to file franchise and excise taxes.
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What is franchise and excise tax?
Franchise and excise tax is a tax imposed on businesses operating in a particular state. It is a tax on the privilege of doing business in that state.
Who is required to file franchise and excise tax?
Businesses that operate in the state and meet certain criteria set by the state's tax laws are required to file franchise and excise tax.
How to fill out franchise and excise tax?
Franchise and excise tax forms can be obtained from the state's department of revenue website or office. The forms must be filled out accurately and completely, including all required information and documentation.
What is the purpose of franchise and excise tax?
The purpose of franchise and excise tax is to generate revenue for the state government and to regulate business activities within the state.
What information must be reported on franchise and excise tax?
Businesses must report their gross receipts, net income, and other financial information as required by the state's tax laws.
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