Tennessee Non-Profit Tax Exemption
INFORMATION ON OBTAINING TAX-EXEMPT STATUS IN TENNESSEE
How do I become federally exempt?
You can obtain federal tax-exempt status by applying with the IRS, by filing the detailed form 1023 and submitting it with the fee and the many required attachments. The review process will take several months and if you are successful, you will receive the Letter of Determination.
Is my non-profit exempt from TN Franchise and Excise tax?
Your non-profit will not need to apply for exemption because TN non-profit organizations are automatically exempt from TN Franchise and Excise tax.
Is my TN non-profit able to be exempt from Tennessee sales tax?
Certain Tennessee non-profits are eligible to be exempt from Tennessee state and local sales tax. You will need to complete an application for non-profit sales and use tax exemption and submit it and all required documentation (copies of articles, bylaws, IRS determination)to the Tennessee Department of Revenue.
Tennessee Tax Exemption Resources:
Tennessee Department of Revenue
Andrew Jackson Building
500 Deaderick Street
Nashville, TN 37242
This comprehensive guide to obtaining and maintaining 501c3 status from the IRS includes information on how to prepare your nonprofit to apply for 501c3 status, as well as information about the forms and fees required by the IRS.
This guide overviews and includes the special tax-exempt language a 501c3 nonprofit organization must include as part of its articles of incorporation.