Who needs a Tennessee Individual Income Tax Return?
There are some groups of taxpayers who need to file the Tennessee Individual Income Tax Return. Filers include individuals who reside in Tennessee with an income more than $1,250 per year. People who have moved to Tennessee during the year with the same annual income must also file the form. People who owned estate property in Tennessee for six months during the year have to complete the form. More accurate information about Tennessee individual tax return filers is attached to the form itself.
What is the Tennessee Individual Income Tax Return for?
This form is for the income disclosure and further tax withholding. However, not all income falls under taxation in Tennessee. For example, stock dividends, insurance dividends including interest from credit unions etc, are non-taxable. Check the detailed list of non-taxable income on page 4 attached to the form.
Is the Tennessee Individual Income Tax Return accompanied by other forms?
The actual Tennessee Individual Tax Return with tax computation is accompanied by the check paid and Report of Debts in case of a refund of $200 or more.
When is the Tennessee Individual Income Tax Return due?
Tennessee Individual Tax Return is due April, 15 of the following year. However, keep in mind that taxpayer's tax year is the calendar year. It may be a fiscal year if an individual chooses it. If so, the fiscal year tax return is due the 15th day of the 4th month after the end of the fiscal year.
How do I fill out the Tennessee Individual Income Tax Return?
The Tennessee Individual Tax Return is a four-page form in which two pages contain instructions about how the form should be filed. The first page starts with the taxable year and account number. Next there are fields with names and contact information of the filer, their SSN and affidavit for exemption. At the bottom of the page there are fields for detailed tax computations and a field for office use.
The second page comprises two schedules: the first one is for taxable dividends, the other one is for non-taxable dividends. At the bottom of the page, there are fields for total amount of each kind of dividends.
Where do I send the Tennessee Individual Income Tax Return?
The Income Tax Return as well as time extension application should be sent to the Tennessee Revenue Department via mail. The time extension application must be completed on or before the due date of the return.