Download As Text Legal Arkansas Startup For Partnership Forms For Free

The State of Arkansas grants 180-day extensions to taxpayers who apply properly, which moves the filing deadline to October 15. You do not need to file a separate Arkansas tax extension if you have a valid Federal extension (IRS Form 4868).

Share: Most states don't require you to file separate state extension forms if you don't owe any additional taxes. When you file your state return, you only need to attach a copy of your federal extension form. If you owe state tax, you typically must file state tax extension to avoid penalties.

If you have already filed a federal extension, you do not have to file a state extension. The State of Arkansas will honor an accepted Federal extension and your due date will be one month after the due date of the federal return. This is usually November 15th for annual filers and October 15th for Partnership returns.

The individual member should report the single member LLC's income and deductions on a Federal Schedule C included with their individual income tax return. All resident and non-resident partners, including corporations, must report and pay taxes on any income derived from an Arkansas partnership.

Arkansas Partnership Tax Extension Form AR-1055PE grants an automatic 6-month extension of time to file Arkansas Form AR1050. Note: Make sure to pay any taxes due along with the extension Form to avoid penalties and interest.

Form AR1050 is used to file the income of a partnership. Every domestic or foreign partnership doing business within the State of Arkansas or in receipt of income from Arkansas sources, regardless of amount, must file an AR1050.