Get Arkansas Corporate Composite Extension Form 2014-2024

Attach a copy of your approved AR1055 extension to the face of your tax return WHEN YOU FILE. IF YOU DO NOT ATTACH YOUR EXTENSION, YOUR RETURN WILL BE CONSIDERED DELINQUENT AND PENALTIES WILL BE ASSESSED. Inability to pay is not a valid reason to request an Arkansas Extension.

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.

Only those members who must file Arkansas nonresident income tax returns as a result of their interest in a pass-through entity can be included in the composite return.

States that do allow composite returns include: Alabama, Connecticut, Delaware, Idaho, Wisconsin, South Carolina, Massachusetts, Michigan, North Dakota, New Hampshire, Tennessee, Texas, Nebraska, Oklahoma, Utah, Arizona, New York and Vermont, as well as the District of Columbia.

Nonresident partners can file Form AR1000CR in lieu of filing an Arkansas nonresident individual tax return if the taxpayer has no other AR source income which requires them to file a return, or inclusion on another Arkansas return.

Not every state allows companies to file composite returns. For example, Nebraska, Oklahoma, Tennessee, and Utah don't allow them, while Arizona, New York, and Vermont restrict which companies may use the method.

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.

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.