Tennessee franchise and excise tax return

File Form FAE 170 and pay the franchise and excise tax by the 15th day of the fourth month after the year ends.

When: By the 15th day of the 4th month after the fiscal year ends (April 15 for a calendar year).
Agency: Tennessee Department of Revenue
Form: Form FAE 170
Applies to: Corporations, LLCs, partnerships registered in Tennessee.
Fee: Franchise tax of 0.25% of net worth ($100 minimum) plus excise tax of 6.5% of net earnings
If missed: 5% a month late, up to 25%, plus interest
Source: www.tn.gov, read October 22, 2026

Jay explains

Tennessee taxes corporations and LLCs alike through the franchise and excise tax: a franchise tax on net worth with a $100 minimum and an excise tax on net earnings. Form FAE 170 is due by the 15th day of the fourth month after the year ends, and a business expecting $5,000 or more of combined tax pays quarterly estimates on the 15th day of the fourth, sixth and ninth months and the first month of the following year. Some family owned and farming LLCs can apply for exemption; most operating businesses pay it.

Next dates

For a calendar year company. Shown as the agency states them; if a date falls on a weekend, file before it.

April 15, 2027
April 15, 2028

Also in Tennessee

Tennessee annual report Tennessee annual report Tennessee annual report Tennessee nonprofit annual report Tennessee charitable solicitation registration renewal Tennessee business tax return (receipts over $100,000 in a county or city)Tennessee unemployment insurance wage report Tennessee sales tax return

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