Updated August 7, 2026. Quick answer: every figure Clear Money Guide holds about Tennessee, on one page, each one copied from a dataset that cites its own statute or agency. Built for reporters on deadline — take any line, follow the link for the source.
What stands out about Tennessee
These are the figures where Tennessee differs most from the rest of the country — selected by counting how many jurisdictions share each value, not by editorial preference.
- Return deadline: none specified by statute — the only jurisdiction of the 51 we have data for
- Formation fee: $50 per member; minimum $300, maximum $3,000 — the only jurisdiction of the 48 we have data for
- Tax year: 2021 — the only jurisdiction of the 47 we have data for
- Contested: No — one of only 20 of 47
What dying costs here
- Small estate limit: 50000
- Small estate scope: personal_only
Source and full detail: the cost-of-dying index. Figures copied from those pages, which own them.
Estate and property law status
- Authorized: yes
- Statute or act: Online Notary Public Act, Tenn. Code Ann. 8-16-301 et seq. (S.B. 1758 / H.B. 1794, 2018)
- Effective date: 2019-07-01
- Conditions: Signed 2018-05-15 but implementation deferred to 2019-07-01 to let the SOS adopt rules. A recent amendment (H.B. 1051) adds online-notary training requirements effective 2026-01-01.
- Association name: Tennessee Life and Health Insurance Guaranty Association
- Death benefit limit: $300,000
- Cash surrender limit: $100,000
- Annuity limit: $250,000
- Aggregate limit: $300,000
- Statute citation: Tenn. Code Ann. § 56-12-204(c) (Scope of coverage; limitations and exclusions)
- Extended windows: 20 days for replacement policies
- Refund basis: unconditional refund of all premiums paid (replacement transactions)
Source and full detail: notary rules by state · guaranty association limits · life insurance free-look periods · life insurance grace periods. Figures copied from those pages, which own them.
Working and earning here
- Quit deadline: Next regular payday following separation, or 21 days after separation, whichever occurs LAST
- Fired deadline: Next regular payday following separation, or 21 days after separation, whichever occurs LAST
- Statute citation: Tenn. Code Ann. 50-2-103
- Has law: No
- Disclosure trigger: none
- Salary history ban: No
- Local ordinances: none identified
- Contested: No
Source and full detail: final paycheck laws by state · pay transparency laws by state · paid family leave by state · the convenience-of-the-employer rule. Figures copied from those pages, which own them.
Renting here
- Deposit cap: none
- Return deadline: none specified by statute
- Interest required: no
- Statute citation: Tenn. Code Ann. Sec. 66-28-301 (scope: Sec. 66-28-102)
Source and full detail: security deposit law by state. Figures copied from those pages, which own them.
Starting a business here
- Formation fee: $50 per member; minimum $300, maximum $3,000
- Annual report: $50 per member; minimum $300, maximum $3,000
- Franchise tax: $100 minimum annual franchise tax (franchise & excise tax)
- Publication requirement: none
- Statute citation: T.C.A. sec. 48-249-1002 (filing fees); T.C.A. sec. 48-249-1017(c) (annual report due date); T.C.A. sec. 67-4-2119 (franchise tax minimum, per Dept. of Revenue)
- Five year total: $2,300
Source and full detail: LLC cost by state. Figures copied from those pages, which own them.
Tax treatment here
- Has law: No
- Treatment: none
- Preferential mechanism: none
- Tax year: 2021
Source and full detail: capital gains tax by state. Figures copied from those pages, which own them.
For journalists: how to cite this
Clear Money Guide, Tennessee Money Statistics 2026. https://clearmoneyguide.com/state-money-statistics/tennessee/. Every figure on this page is copied from a Clear Money Guide dataset that states its own primary source and the date it was read — follow the section links for the statute or agency behind any number. Free to reuse with attribution under CC BY 4.0.
What this sheet does and does not contain
This sheet aggregates; it does not research. Every figure is copied from the owning page linked in each section, and a figure we do not own is simply absent — not estimated, not inferred from a neighbouring state. That is why sheets differ in length: this one states 36 figures, and a state where we hold less will show fewer. A short sheet means we have less, not that the state has less.
Statutory law changes. Each linked owner page carries the date its figures were read; check there before relying on anything here. See also Tennessee financial adviser statistics and all 51 state money sheets.
General information about published law and public data, not legal, tax or investment advice. No advertising appears on this page and we earn nothing from it.