TDCI Reminds Its Licensees of Professional Privilege Tax Due Date Extension
NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) reminds its licensees that the Tennessee Department of Revenue has extended the deadline to file and pay professional privilege tax to June 30.
The professional privilege tax, usually due on June 1, is an annual occupation tax imposed on people with an active Tennessee license or registration to practice certain professions (list below). Due to an increased number of help desk tickets and high call volumes, the Department of Revenue has extended this year’s professional privilege tax filing deadline to June 30 to accommodate and assist taxpayers as quickly as possible.
The following professions are subject to the professional privilege tax (Entries in bold indicate professions that are regulated and licensed by the Department of Commerce & Insurance):
•Real Estate Principal Broker*
Professionals who are subject to the tax may file and pay it online using the Tennessee Taxpayer Access Point (TNTAP): https://apps.tn.gov/privtx/. For more information on how to file and pay the professional privilege tax, please visit the Department of Revenue’s website at http://www.tn.gov/revenue/article/professional-privilege-tax-file-and-pay.