Does Tennessee have any Hall income tax credits?

Yes, the Tennessee Angel Investor Tax Credit applies to Hall income taxpayers who invest their own money to support specifically pre-qualified, Tennessee-based companies. The Tennessee Angel Investor Tax Credit provides accredited angels and angel groups up to a $50,000 credit applicable against their Hall income tax liability.

 Companies must meet certain criteria and be pre-qualified by Launch Tennessee to be eligible. Angel investors must submit an investor application within the same tax year the investment was made. If you are inquiring for a fund or angel group, please contact Launch Tennessee at atc@launchtn.org to confirm eligibility.

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