turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Not sure if I need to pay taxes to the state of TN. Dividends and interest from Fed return are <$600. Is investment income from stocks included in the calculation?

Ive had to file every year until now, but dont want to buy the TN return from TurboTax if its not necessary.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
IreneS
Intuit Alumni

Not sure if I need to pay taxes to the state of TN. Dividends and interest from Fed return are <$600. Is investment income from stocks included in the calculation?

Yes -  Investment income from stocks (interest, dividends, capital gains) is included in the calculation for TN tax.  For a list of the items considered taxable and nontaxable in TN, please see this guide, starting on p. 3:  https://www.tn.gov/content/dam/tn/revenue/documents/taxguides/indincguide.pdf


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
IreneS
Intuit Alumni

Not sure if I need to pay taxes to the state of TN. Dividends and interest from Fed return are <$600. Is investment income from stocks included in the calculation?

Yes -  Investment income from stocks (interest, dividends, capital gains) is included in the calculation for TN tax.  For a list of the items considered taxable and nontaxable in TN, please see this guide, starting on p. 3:  https://www.tn.gov/content/dam/tn/revenue/documents/taxguides/indincguide.pdf


 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies