Tennessee State Tax Deductions - 2012, 2013
2013 Tennessee Income Tax Deductions
|Tennessee Standard Deduction|
|Tennessee Personal Exemption|
|Tennessee Dependent Deduction|
Tennessee income tax deductions are above-the-line expenses that can be deducted from your gross income before you calculate your taxable income.
Tennessee does not support all of the deductions that are allowed on your Federal income tax return, so be sure to double-check any deductions or tax credits you want to claim on your Tennessee return. Some states specifically eliminate deductions to reduce the complexity of their tax system. For more information about the Tennessee income tax, see the main Tennessee income tax page.
Tennessee Standard Deduction
Unlike many other states, Tennessee has no standard deduction. Certain itemized deductions (including property tax, qualified charitable contributions, etc) may be allowed depending on the income level and filing type of the taxpayer. Keep in mind that not all deductions allowed on your federal income tax return are necessarily going to be allowed on your Tennessee income tax return.
Tennessee Personal Exemption
Tennessee's personal income tax exemptions include a personal exemption of $1,250.00 for single individuals and $1,250.00 for couples filing jointly.
You can deduct one single exemption from your gross income if you are responsible for supporting yourself financially. You may not, however, claim a personal exemption if someone else has declared you as a dependent on their tax return.
Tennessee Dependent Deduction
Unlike most states, Tennessee does not have a dependent deduction. You can, however, claim dependent deductions on your Federal Tax Return.
Tennessee Itemized Deductions
Tennessee does not allow deductions to be itemized by any taxpayer. While you cannot use any of your Federal itemizations in Tennessee, there may be state-specific credits or deductions that parallel some of your deferal itemized deductions.
|Tennessee Income Tax Deductions Table|
- Before information on the 2013 Tennessee income tax deductions are released, provisional 2013 deduction information is based on Tennessee's 2012 tax deduction policy.
- The 2013 Tennessee standard deductions, personal exemptions, and dependent deduction amounts are sourced from the Tennessee Department of Revenue .
- Information on Tennessee's itemized deduction policy is updated from the Tennessee Department of Revenue and the Internal Revenue Service.