Form FAE 172 Quarterly Franchise, Excise Tax Declaration - Tennessee

Form FAE172 or the "Quarterly Franchise, Excise Tax Declaration" is a form issued by the Tennessee Department of Revenue.

The form was last revised in September 1, 2016 and is available for digital filing. Download an up-to-date Form FAE172 in PDF-format down below or look it up on the Tennessee Department of Revenue Forms website.

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TENNESSEE DEPARTMENT OF REVENUE
R0011301
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
Account No.
FAE
Beginning
Taxable
Each taxpayer having a combined fran-
172
Year
chise and excise tax liability of $5,000 or more
Ending
for the current and prior tax years must make
four quarterly estimated tax payments. The
payments are due on the 15th day of the
fourth, sixth, and ninth months of the current
year and the first month of the succeeding
year.
TAXPAYER NAME AND MAILING ADDRESS
Make your check payable to the Tennessee
NAME ___________________________________________________________________________________
Department of Revenue and mail to:
BOX (STREET) ____________________________________________________________________________
Tennessee Department of Revenue
Andrew Jackson State Office Building
CITY _____________________________________________________________________________________
500 Deaderick Street
Nashville, TN 37242
STATE _____________________
ZIP _________________________________
For assistance, you may call in-state toll
free 1-800-342-1003 or (615) 253-0700.
REMINDERS
1. All franchise, excise tax forms are required to be filed electronically. An electronic version of this form is available online at
apps.tn.gov/fnetax. Tenn. Code Ann. Section 67-1-115 (b) authorizes the Commissioner of Revenue to require a manual handling
fee up to $25 on paper filings.
2. If you choose to file on paper, please use due care to select the correct quarterly voucher, since payments are applied to the
applicable quarterly installment based on the prenumbered vouchers.
3. Enter the amount from Line 4 of the worksheet to the "Amount of Payment" field on the voucher.
4. If Line 4 of the worksheet is zero, please do not file the voucher.
ROUND TO NEAREST DOLLAR
00
1. Estimated Franchise, Excise tax liability ........................................................................................
____________________________
00
2. Less: Franchise, Excise Tax Credits and prior year overpayments .............................................
____________________________
00
3. Net Estimated Franchise, Excise tax liability ................................................................................
____________________________
00
4. Estimated payment (one fourth of Line 3) ...................................................................................
____________________________
KEEP UPPER PORTION FOR YOUR RECORDS-RETURN COPY BELOW
1
TENNESSEE DEPARTMENT OF REVENUE
Due Date:
FAE
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
If your account number is not preprinted or unknown, enter federal identification or social
.
BEGINNING
ENDING
security number
Taxable
172
Year
ACCOUNT NUMBER
(FEIN/
SSN)
AMOUNT OF
00
PAYMENT
FOR OFFICE
USE ONLY
INTERNET (9-16)
RV-R0011301
TENNESSEE DEPARTMENT OF REVENUE
R0011301
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
Account No.
FAE
Beginning
Taxable
Each taxpayer having a combined fran-
172
Year
chise and excise tax liability of $5,000 or more
Ending
for the current and prior tax years must make
four quarterly estimated tax payments. The
payments are due on the 15th day of the
fourth, sixth, and ninth months of the current
year and the first month of the succeeding
year.
TAXPAYER NAME AND MAILING ADDRESS
Make your check payable to the Tennessee
NAME ___________________________________________________________________________________
Department of Revenue and mail to:
BOX (STREET) ____________________________________________________________________________
Tennessee Department of Revenue
Andrew Jackson State Office Building
CITY _____________________________________________________________________________________
500 Deaderick Street
Nashville, TN 37242
STATE _____________________
ZIP _________________________________
For assistance, you may call in-state toll
free 1-800-342-1003 or (615) 253-0700.
REMINDERS
1. All franchise, excise tax forms are required to be filed electronically. An electronic version of this form is available online at
apps.tn.gov/fnetax. Tenn. Code Ann. Section 67-1-115 (b) authorizes the Commissioner of Revenue to require a manual handling
fee up to $25 on paper filings.
2. If you choose to file on paper, please use due care to select the correct quarterly voucher, since payments are applied to the
applicable quarterly installment based on the prenumbered vouchers.
3. Enter the amount from Line 4 of the worksheet to the "Amount of Payment" field on the voucher.
4. If Line 4 of the worksheet is zero, please do not file the voucher.
ROUND TO NEAREST DOLLAR
00
1. Estimated Franchise, Excise tax liability ........................................................................................
____________________________
00
2. Less: Franchise, Excise Tax Credits and prior year overpayments .............................................
____________________________
00
3. Net Estimated Franchise, Excise tax liability ................................................................................
____________________________
00
4. Estimated payment (one fourth of Line 3) ...................................................................................
____________________________
KEEP UPPER PORTION FOR YOUR RECORDS-RETURN COPY BELOW
1
TENNESSEE DEPARTMENT OF REVENUE
Due Date:
FAE
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
If your account number is not preprinted or unknown, enter federal identification or social
.
BEGINNING
ENDING
security number
Taxable
172
Year
ACCOUNT NUMBER
(FEIN/
SSN)
AMOUNT OF
00
PAYMENT
FOR OFFICE
USE ONLY
INTERNET (9-16)
RV-R0011301
INSTRUCTIONS
1. WHO MUST MAKE ESTIMATED TAX PAYMENTS: Taxpayers with a franchise, excise tax liability of $5,000 or more in the prior
tax year who expect a franchise, excise tax liability
must file a declaration of their
of $5,000 or more for the current tax year
franchise, excise tax for the taxable year and make quarterly payments.
2. WHEN TO MAKE PAYMENTS: Quarterly payments of the estimated franchise, excise tax are to be made as follows:
1st payment - The 15th day of the 4th month of the current taxable year.
2nd payment - The 15th day of the 6th month of the current taxable year.
3rd payment - The 15th day of the 9th month of the current taxable year.
4th payment - The 15th day of the 1st month of the subsequent taxable year.
3. REQUIRED PAYMENT: The minimum amount of each quarterly payment shall be the lesser of: (a) 25% of the combined
franchise, excise tax shown on the tax return for the preceding tax year, annualized if the preceding tax year was for less than
twelve (12) months; or (b) 25% of 80% of the combined franchise, excise tax liability for the current tax year.
4. PENALTY AND INTEREST: Penalty at the rate of 2% per month, up to 24%, and interest at the current rate per annum are imposed
upon any quarterly installment which is late or underpaid. Penalty and interest are computed from the due date of the
installment to the date paid or until the fifteenth day of the fourth month following the close of the taxable year.
5. WHICH FORM TO USE: All franchise, excise tax forms are required to be filed electronically. An electronic version of this form
is available online at apps.tn.gov/fnetax. Tenn. Code Ann. Section 67-1-115 (b) authorizes the Commissioner of Revenue to
require a manual handling fee up to $25 on paper filings. If you choose to file on paper, excise tax payments must be
accompanied by the Tennessee Estimated Franchise, Excise Tax Declaration form. Please use due care to select the correct
quarterly voucher since payments are applied to the applicable quarterly installment based on the prenumbered vouchers.
RECORD OF ESTIMATED TAX PAYMENTS
DUE DATE OF PAYMENT
DATE PAID
AMOUNT PAID
_____________________________________________________________
___________________________________________________________________________
1.
___________________________________________________________________________
2.
___________________________________________________________________________
3.
___________________________________________________________________________
4.
Total payments to be taken on completed return
INTERNET (9-16)
2
Due Date:
TENNESSEE DEPARTMENT OF REVENUE
If your account number is not preprinted or unknown, enter federal identification or social
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
FAE
.
security number
BEGINNING
ENDING
Taxable
172
Year
(FEIN/
ACCOUNT NUMBER
SSN)
AMOUNT OF
00
PAYMENT
FOR OFFICE
USE ONLY
RV-R0011301
Due Date:
3
TENNESSEE DEPARTMENT OF REVENUE
If your account number is not preprinted or unknown, enter federal identification or social
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
FAE
.
security number
BEGINNING
ENDING
Taxable
172
Year
(FEIN/
ACCOUNT NUMBER
SSN)
AMOUNT OF
00
PAYMENT
FOR OFFICE
USE ONLY
RV-R0011301
Due Date:
4
TENNESSEE DEPARTMENT OF REVENUE
If your account number is not preprinted or unknown, enter federal identification or social
QUARTERLY FRANCHISE, EXCISE TAX DECLARATION
FAE
.
security number
BEGINNING
ENDING
Taxable
172
Year
(FEIN/
ACCOUNT NUMBER
SSN)
AMOUNT OF
00
PAYMENT
FOR OFFICE
USE ONLY
INTERNET (9-16)
RV-R0011301

Download Form FAE 172 Quarterly Franchise, Excise Tax Declaration - Tennessee

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