§ 7-64-203. Determining income limitation. [For contingent amendment, see the Compiler's Notes.]

TN Code § 7-64-203 (2019) (N/A)
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Any taxpayer who owns residential property as such taxpayer's principal place of residence, whose combined annual income from all sources is less than twelve thousand dollars ($12,000), or in the event of a married couple or in the event more than one (1) person is living permanently in the principal residence, this limitation of twelve thousand dollars ($12,000) on income from all sources shall apply to the combined income of both the husband and wife and/or all family members residing in the residence.