Get Fae 172

Filling out the Fae 172 online is an essential step for taxpayers who expect a franchise and excise tax liability of $5,000 or more. This guide will provide you with clear, step-by-step instructions to help you complete the form efficiently.

Follow the steps to accurately complete the Fae 172 form online.

1. Click ‘Get Form’ button to obtain the Fae 172 and open it in the editor.
2. In the 'Account No.' field, enter your account number or federal identification number if it is not preprinted.
3. For the 'Taxable Year' section, fill in the beginning and ending years for which you are filing the declaration.
4. Input your estimated franchise, excise tax liability in the designated field, labeled as 'Estimated Franchise, Excise tax liability'.
5. Next, enter any applicable franchise and excise tax credits or prior year overpayments in the 'Less: Franchise, Excise Tax Credits and prior year overpayments' field.
6. Calculate the net estimated franchise and excise tax liability by subtracting the previous amount from the estimated liability, and enter this amount in the corresponding field.
7. Determine your estimated payment by taking one fourth of your net estimated franchise and excise tax liability and enter it under 'Estimated payment (one fourth of Line 3)'.
8. Ensure all entries are accurate, rounding numbers to the nearest dollar as needed.
9. Once you have completed filling out the form, be sure to save your changes.
10. You can now download, print, or share the form as needed.

Complete your documents online today and ensure you meet your tax obligations promptly.