Gift Tax
Forms and Other Information
Taxes at a Glance
Gift tax is imposed on the donor for gifts in excess of the allowable exemptions.
Exemptions Per Donee:
| Date of Gift | Class A | Class B |
| 2001 and earlier | $10,000 | $3,000 |
| 2002 through 2005 | $11,000 | $3,000 |
| 2006 through 2008 | $12,000 | $3,000 |
| 2009 and after | $13,000 | $3,000 |
Class A includes husband, wife, son, daughter, lineal ancestor, lineal descendant, brother, sister, son-in-law, daughter-in-law, or stepchild. If a person has no child or grandchild, a niece or nephew of such person shall be a Class A donee (Tenn. Code Ann. Section 67-8-102(1)).
Class B is all others.
Due Date:
Annual - April 15
Extension - Up to six months may be granted upon written request
Tax Rate:
Graduated rates from 5.5% to 16%
For more information, please call (615) 532-6438
Click here for mailing address and other contact information.
