My 1099-DIV lists a part of the dividends paid under a box labeled "nontaxable." Does this mean the income is not taxable to Tennessee?

No. The 1099-DIV form is a federal tax form, and dividends paid are reported on the form based on federal tax law. Tennessee income tax differs from federal tax in many aspects. In most instances, the dividend still will be taxable to the Tennessee resident, unless a specific exemption exists in Tennessee law.

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