Get Tn Motor Carrier Ad Valorem Tax Report General Instructions 2022-2025

Filling out the TN Motor Carrier Ad Valorem Tax Report can be straightforward with the right guidance. This guide provides comprehensive steps to assist users in completing the form accurately online, ensuring compliance with state regulations.

Follow the steps to successfully complete your TN Motor Carrier Ad Valorem Tax Report online.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Enter your company legal name and Federal Employer Identification Number (FEIN#) in the designated fields.
3. Provide the contact details including address, phone number, and email address of your principal office.
4. Indicate whether your company is a common or contract carrier for hire by checking the appropriate box.
5. Complete Lines 10-13 by inputting your total current assets, total current liabilities, gross revenues, and net operating income accurately, ensuring that all dollar figures are rounded to whole dollars.
6. For Lines 14A and 14B, report the cost of total system revenue equipment owned, used, or leased by your company. Be sure to include improvements made to the equipment, before depreciation.
7. Provide information about real property owned and under construction in the exact name of your bus company in Lines 16 and 17.
8. List any purchases and sales of real property by entering 'B' for bought and 'S' for sold in Line 18.
9. In Line 19, detail all personal property owned or leased by your company, organized by city and county.
10. Refer to pages MB-3 to MB-5 for summaries of carrier operating property, over-the-road equipment, and industrial development board agreements, making sure to complete all required fields.
11. Once all sections are filled out correctly, review your entries for accuracy, and then save your changes. Options to download, print, or share the completed form will be available.

Complete your TN Motor Carrier Ad Valorem Tax Report online today to ensure timely and accurate submission.