Get Tn Annual Report Instructions

After you start a Tennessee LLC, you must file an Annual Report every year.

How to File Your Tennessee Annual Report Determine your filing due date and fees. Complete your report online OR print a paper form. Submit your annual report to the Tennessee Secretary of State.

What Is a Tennessee Annual Report? The purpose of the Tennessee Annual Report is to keep the information held by the state up to date. Every limited liability company in Tennessee needs to prepare and file taxation documents and annual reports.

Tennessee requires LLCs to file an annual report and pay a franchise tax. The annual report is due on or before the first day of the fourth month following the close of the LLC's fiscal year. The filing fee is $50 per member, with a minimum fee of $300 and a maximum fee of $3000.

Tennessee Annual Report Due Dates and Fees Tennessee Annual Report Fee ScheduleBusiness TypeCostHow to FileCorporations – foreign and domestic$20*Online or Paper FormLLCs – foreign and domestic$300**Online or Paper FormNonprofits, Cooperatives, and Religious Corporations$20*Online or Paper Form3 more rows

The annual report fee is $20, and an additional $20 is required if any change is made concerning the registered agent/registered office. The annual report fee for LLCs is $300 minimum up to a maximum of $3000. The fee increases by an additional $50 per member for every member over 6 members up to a maximum of $3,000.

The filing fee is $50 per member, with a minimum fee of $300 and a maximum fee of $3000. The franchise tax is due the 15th day of the fourth month following the close of your fiscal year. It is calculated based on the LLC's net worth or real and tangible property in Tennessee. The minimum tax is $100.

LLCs taxed as C-corp To elect C-corp status, LLCs will need to file Form 1120 with the IRS. C-corps will pay the 21% federal corporate income tax as well as Tennessee's 6.5% corporate income tax.