Tax filing · Tennessee
Business tax filing in Tennessee, prepared by a team of Certified Accountants, CPAs and Enrolled Agents
Federal returns (1120, 1120-S, 1065, Schedule C) and the Tennessee entity filings that still apply, even with no state income tax, prepared from New York and Mumbai for a flat fee quoted upfront, from $99.
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- Certified Accountants, CPAs and Enrolled Agents
- Flat fees quoted upfront
- Replies within 8 hours
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What Tennessee asks of a business
Tennessee has no personal income tax, a 6.5% corporate income tax and a 7% state sales tax (about 9.61% combined with local rates). An LLC in the state faces an annual report of $300, due Annual, April 1. The table below is what we check first on every Tennessee engagement.
| Tennessee at a glance | What applies | Notes |
|---|---|---|
| Personal income tax | No personal income tax | No personal income tax |
| Corporate income tax | A 6.5% corporate income tax | Flat corporate rate (2026 table); Tennessee also levies a franchise tax on net worth |
| Sales tax | A 7% state sales tax (about 9.61% combined with local rates) | Combined figure is the population-weighted average with local rates (2026 table) |
| LLC fees | Formation $300; An annual report of $300, due Annual, April 1 | $300 minimum |
| Corporation fees | Annual report | Corporations file an annual report with the state; fee and date confirmed at engagement |
| S-corp election | Federal election recognised | No personal income tax, but S-corps and LLCs pay the franchise tax (net worth) and excise tax (6.5% of net earnings) |
Figures checked 2026-09 against Tennessee Department of Revenue and Tennessee Secretary of State. Rates and fees change; we confirm the current numbers for your entity before we quote.
What we prepare for Tennessee businesses
- Form 1120 (C-corporation) and Form 1120-S (S-corporation)
- Form 1065 with Schedule K-1s (partnerships and multi-member LLCs)
- Schedule C with Form 1040 (sole proprietors and single-member LLCs)
- Tennessee entity-level filings: annual report and any franchise or gross-receipts return
- Form 5472 with pro forma 1120 for foreign-owned single-member LLCs
- Sales tax registration and returns where Tennessee nexus exists
- 1099-NEC filings and extension requests
- Late and unfiled years, with penalty-relief requests where reasonable cause exists
Things Tennessee owners get wrong
Tennessee has no personal income tax, but it taxes LLCs and S-corps at the entity level through the franchise tax on net worth and the excise tax on net earnings. Owners who assume pass-through treatment often discover the excise tax return late.
No personal income tax does not mean no state filing. Tennessee still expects an annual report of $300, due Annual, April 1, and a 6.5% corporate income tax applies at entity level where relevant. No personal income tax, but S-corps and LLCs pay the franchise tax (net worth) and excise tax (6.5% of net earnings).
Nobody sets out to miss these. They are missed because a seasonal preparer handles the federal return in April and nobody owns the state calendar for the rest of the year. We keep the calendar.
Who we file for in Tennessee
- Tennessee LLCs and S-corps owned by residents
- Foreign-owned Tennessee LLCs (Form 5472 filers)
- E-commerce sellers with Tennessee inventory or customers
- Agencies, consultants and professional practices
- Businesses behind by a year or more
- CPA firms that need white-label preparation capacity
How it works
- Free 30-minute call, or the form on this page.
- Fixed quote in writing, by entity and complexity.
- Secure document upload.
- Draft return for your approval.
- Filed, with confirmation and copies.
Pricing in Tennessee
Business returns from $99, quoted by entity and complexity before any work starts. Tennessee state or entity filings are quoted with the federal return, so there is one number, not a list of add-ons. Late years are priced per year. Catch-up bookkeeping, where needed, is a fixed project quoted after a free review.
We do not write "guaranteed", "maximum refund" or "IRS-approved" anywhere, because no honest preparer can. We prepare returns correctly and keep the confirmations.
Tennessee questions people ask first
Do I need to file a Tennessee state return for my LLC?
Tennessee has no personal income tax, so a pass-through owner does not file a state income tax return on business profit. The entity may still owe an annual report of $300, due Annual, April 1 and any franchise or gross-receipts tax, which we handle.
When is my Tennessee business return due?
Federal 1120-S and 1065 returns are due March 16, 2026 (September 15 on extension); 1120 and Schedule C returns April 15 (October 15 on extension). Tennessee entity filings run on their own calendar: an annual report of $300, due Annual, April 1. We track both.
I own a Tennessee LLC but live outside the US. What do I file?
A foreign-owned single-member LLC files Form 5472 attached to a pro forma Form 1120, which cannot be e-filed and carries a $25,000 penalty if missed. We prepare it, fax-file it and keep the transmission report. Multi-member LLCs file Form 1065 with K-1s.
Does Tennessee recognise my federal S-corp election?
Yes. No personal income tax, but S-corps and LLCs pay the franchise tax (net worth) and excise tax (6.5% of net earnings)
What if I am behind by a year or more?
We prepare each open year, rebuild the books if needed, and include a written reasonable-cause request for penalty relief where one applies. Penalty relief is the IRS's decision; we prepare the request and do not promise the outcome.
Who prepares and signs my return?
A team of Certified Accountants, CPAs and Enrolled Agents working from New York and Mumbai. A US-credentialed preparer reviews and signs. Replies within 8 hours, one point of contact.
Ready for a fixed quote in Tennessee?
Two sentences from you. A written price within 8 hours. No obligation, no long-term contract.
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