Additional Tax Filing Extension from Tennessee Department of Revenue

May 14, 2021

The Tennessee Department of Revenue issued Notice #21-07 extending the franchise and excise tax and Hall income tax filing and payment deadlines to Aug. 2, 2021 to be consistent with the IRS's decision related to the March storms. 

This extension applies to all taxpayers located in any disaster area designated by the Federal Emergency Management Agency (“FEMA”). Currently this includes Campbell, Cannon, Cheatham, Claiborne, Clay, Davidson, Decatur, Fentress, Grainger, Hardeman, Henderson, Hickman, Jackson, Madison, Maury, McNairy, Moore, Overton, Scott, Smith, Wayne, Williamson, and Wilson counties, but taxpayers located in areas later designated as disaster areas will automatically receive the same filing and payment extension.

This tax relief postpones the franchise and excise tax and Hall income tax filing and payment deadlines that occur starting March 25, 2021. Affected businesses and individuals will have until Aug. 2, 2021, to file returns and make any payments (including quarterly estimated payments) originally due during this period.

The Department will automatically apply these extensions to franchise and excise tax and Hall income tax accounts of taxpayers with a primary address on record with the Department in the designated disaster area. Penalties and interest will not be applied to returns filed and payments made on or before this extended due date. These extensions will not alter due dates or extend due dates that otherwise fall after Aug. 2, 2021. If an affected taxpayer receives a late filing or late payment penalty notice from the Department, the taxpayer should contact the Department.

Tax Practitioners

Extensions may be granted if taxpayers’ returns are prepared by a practitioner located in the designated disaster area who is unable to file returns or make payments for clients due to the severe storms, straight-line winds, tornadoes and flooding. Affected tax professionals should contact the Department.

For More Information

For more information and to read notice #21-07, visit https://www.tn.gov/content/dam/tn/revenue/documents/notices/fae/21-07fe.pdf