Do amended returns cancel previous transactions?

No. Figures from an amended return replace amounts reported on the original return. Any payment filed with the original return will be applied to the amended return. If the liability on the amended return is greater that the amount originally reported, only the difference must be paid. If the amount on the amended return is less than what was originally reported, do not submit a payment with the amended return. A credit will be applied to the business tax account.

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1. How do I register?
2. Who to Contact for Help with Registration?
3. Who to Contact for Help with Business Tax Online Services:
4. Who will issue the business tax license?
5. Will businesses receive annual license renewal mailings?
6. Who issues licenses to contractors that are doing business outside the county and/or city where they are domiciled?
7. What is the filing deadline for Business Tax Returns?
8. If I file late, how are the penalty and interest rates taxed?
9. Do amended returns cancel previous transactions?
10. How do I close a business tax account?
11. If a taxpayer has multiple locations in the City, can it consolidate the locations into one return?
12. Is the information that must be provided to the State of Tennessee confidential?