GiseleD
Expert Alumni

Get your taxes done using TurboTax

Tennessee taxes only interest and dividend income less allowable exemptions. Part-year residents and nonresidents include taxable interest and dividend income earned while residing in Tennessee.

 

Residents 

Individuals are required to file if their taxable interest and dividend income exceeds $1,250 ($2,500 MFJ).

 

Part-year residents 

Individuals are required to file if their taxable interest and dividend income while a resident exceeds $1,250 ($2,500 MFJ).

 

Nonresidents 

Individuals are required to file if:

• They maintained a residence in Tennessee for more than six months, and

• Their taxable interest and dividend income exceeds $1,250 ($2,500 MFJ).

 

Military personnel and full-time students having legal domicile in another state are not required to file.

 

Exception: Residents, part-year and nonresidents who are age 65 or over with total income of $37,000 ($68,000 MFJ) or less are exempt.

 

You can learn more here

 

Did you have interest and/or dividend income?

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