The initial filing is known as the “Initial Business Privilege Tax”.

Initial Business Privilege Tax Return (Form BPT-IN)

  • Amount due: $100 minimum
  • Due by: 2.5 months after LLC formation
  • Name: Form BPT-IN
  • Ongoing: No, just filed once

Note: The LLC needs to have their EIN from the IRS before filing any returns with the Department of Revenue.

Annual Report & Business Privilege Tax

The annual filing is known as the “Business Privilege Tax Return and Annual Report” and due every year.

Business Privilege Tax Return (Form PPT)

  • Amount due: $100 minimum
  • Due by: April 15th (first filing due the year after your LLC is formed)
  • Name: Form PPT
  • Ongoing: Yes, due by April 15th every year
  • Attachments: Federal Tax Return, Schedule BPT-NWI, Form BPT-V

Note: The LLC needs to have their EIN from the IRS before filing any returns with the Department of Revenue.