topic Small taxable amount from another state. in State tax filing

Small taxable amount from another state.

AWJ212 — Tue, 02 Feb 2021 20:12:19 GMT

We lived in Tennessee from May of 1973 to Aug 1975. We have lived in Georgia since 1992. My wife taught school for a few day when we lived in Tenn and we found out last year (2020) that she had $49.07 sitting in the Tennessee Consolidated Retirement System. We closed out her account and received a check for $49.07 of which $13.87 was taxable (1099-R). We included the 1099-R in our federal filing. We remain as Georgia residents and will not return to Tenn. Is there any reason to file a Tenn state return for the taxable $13.87 in addition to our normal Georgia return?

Re: Small taxable amount from another state.

xmasbaby0 — Tue, 02 Feb 2021 20:22:26 GMT

TN has no state income tax. You do not need to file anything with TN for that retirement check.

Re: Small taxable amount from another state.

ErnieS0 — Tue, 02 Feb 2021 20:26:31 GMT

No. You do not have to file a Tennessee Hall Individual Income Tax Return.

Tennessee only taxes interest and dividends if the amount is over $1,250 ($2,500 if married, filing jointly) during the tax year. There is no state tax on other income, such as a 1099-R.

Re: Small taxable amount from another state.

AWJ212 — Tue, 02 Feb 2021 21:44:43 GMT

Thank you for your quick response!