On January 1st, Tennessee will really be an income tax-free state. Tennessee’s Hall Income Tax will finally be laid to rest! Thanks to the Beacon Center which was a leading advocate of abolishing the tax, to various other citizens and organizations who were relentless over a long period of time calling for an end to the tax and to all of our Republican leaders who fought so hard to make this a reality.
I would like to see us now amend the Tennessee constitution so the idea of an income tax stays dead.
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Yippeee! Had to check on what, if any, needed to be paid for 2020. I read on the tn.gov site that it is 1% on the dividends. Glad I won't be filing Federal and State next year!
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