Form MO-PTEAP Pass-Through Entity Anticipated Tax Payment Voucher - Missouri

What Is Form MO-PTEAP?

This is a legal form that was released by the Missouri Department of Revenue - a government authority operating within Missouri. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a MO-PTEAP?
A: MO-PTEAP stands for Pass-Through Entity Anticipated Tax Payment Voucher. It is used in Missouri for making anticipated tax payments for pass-through entities.

Q: What is a Pass-Through Entity?
A: A pass-through entity is a business structure that does not pay income taxes at the entity level. Instead, the profits and losses are passed through to the owners or shareholders, who report them on their individual tax returns.

Q: Who needs to use the MO-PTEAP?
A: Pass-through entities in Missouri, such as partnerships, S corporations, and limited liability companies (LLCs), that expect to owe state income tax must use the MO-PTEAP to make anticipated tax payments.

Q: What is an Anticipated Tax Payment?
A: An anticipated tax payment is a payment made by a taxpayer during the tax year to prepay a portion of their tax liability. It helps taxpayers avoid underpayment penalties and can be applied to the final tax return.

Q: How do I complete the MO-PTEAP?
A: You need to provide your entity's name, FEIN (Federal Employer Identification Number), tax year, estimated tax liability, and the amount of the anticipated tax payment.

Q: When is the deadline for submitting the MO-PTEAP?
A: The MO-PTEAP should be submitted on or before the 15th day of the third month after the close of the tax year, or the 15th day of the fifth month for fiscal year taxpayers.

Q: What happens if I don't make anticipated tax payments?
A: If you don't make anticipated tax payments or underpay your tax liability, you may be subject to penalties and interest from the Missouri Department of Revenue.