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Within each tax type, you will find the definition of the tax, tax rates and due dates for returns. The department also assists with the collection of certain local taxes. Information about those taxes is available as well as forms needed.
Find Tennessee Code, important notices, legislative summaries, tax rulings, collection summaries, tax forms and more here.
The sales tax is Tennessee’s principal source of state tax revenue accounting for approximately 60% of all tax collections. The sales tax is comprised of two parts, a state portion and a local portion. The general state tax rate is 7%.
There is no income tax on wages in this state, making it one of the states with the lowest taxes. Therefore, the Tennessee income tax rate is 0%. It does have, however, a flat 1 to 2% tax rate that applies to income earned from interest and dividends.
AARP's state tax guide on 2023 Tennessee tax rates for income, retirement and more for retirees and residents over 50. Here’s what to know, whether you’re a resident who’s working or retired, or if you’re considering a move to Tennessee.
Tennessee has a 6.5 percent corporate income tax rate and levies a state gross receipts tax. Tennessee also has a 7.00 percent state sales tax rate and an average combined state and local sales tax rate of 9.55 percent .
Tennessee state tax rates and rules for income, sales, property, fuel, cigarette, and other taxes that impact residents.
Use our income tax calculator to find out what your take home pay will be in Tennessee for the tax year. Enter your details to estimate your salary after tax.
Taxes. The Department of Revenue is responsible for the administration of state tax laws established by the legislature and the collection of taxes and fees associated with those laws. The articles below constitute “published guidance,” as defined in Tenn. Code Ann. § 67-1-108.
Find answers to frequently asked questions and watch how-to videos on how to navigate the Tennessee Taxpayer Access Point (TNTAP) here. Using TNTAP you can file and pay taxes, check your account balances, view correspondence from the Tennessee Department of Revenue and more!