TaxBandits Knowledge Base
Have questions? We've got you covered!What are the taxes applicable to Tennessee?
Tennessee has unemployment insurance, and it must be registered with the Tennesse state. However, Tenessee has no state income tax. Here are the tax agencies to report unemployment insurance
Tax Agency
- Tennessee Department of Labor & Workforce Development - Unemployment tax
State Unemployment Insurance (SUI) tax registration
-
To report the SUI taxes, you must register with the Department of Labor and Workforce Development.
-
Employers must fill out the Report to determine status from (LB-0441) and mail it to EmployerStaus.Rates@tn.gov.
If the Tennessee Department of Labor decides you need to pay unemployment tax, they will send you an eight-digit EIN (XXXX-XXX X) and unemployment tax rate.
Minimum wage rate for Texas
The minimum wage rate for Texas is the same as the federal minimum wage rate.
UI wage rate
UI taxes are used to provide benefits for the unemployed who have lost their job with no fault on them.
Maximum Taxable Wages |
$7,000 |
Employee Deduction |
None |
Employer Tax Rates |
0.01- 10.00% |
New Employer Tax Rates |
2.70% |
Applicable taxes
Here are the taxes that are applicable to employees and employers in Tennessee.
-
Employer taxes
-
Tennessee State Unemployment Tax
-
-
Employee & Local taxes
-
Tennessee does not require employees and local taxes.
-
Need more help?
Get in touch with our dedicated support team Contact Us
Sign Up for a FREE TaxBandits Account!
The Smart CPA Choice
Already have an account? Sign in