TaxBandits Knowledge Base

What are the taxes applicable to Tennessee?

Minimum Wage Information for Tennessee
Tennesse is one of the states that have a minimum wage rate that is the same as the federal minimum wage rate.

Minimum wage	$7.25
Tipped Minimum wage	$2.13
Maximum Tip Credited	$5.12

Unemployment Insurance (UI) rate for Tennessee
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 Tennessee taxes that are applicable to employees and employers. 

• Employer taxes

Tennessee State Unemployment Tax

• Employee taxes & Local taxes

Tennessee does not require employee taxes and local taxes.

Tennessee State Income tax
Tennessee is one of the states that does not collect state income taxes (SIT).

More Information
To gather more information about Tennessee state tax, check out the Dept. of Labor & Workforce Development.