Tennessee Gained 62,000 Taxpayers, $4.1 Billion in Personal Income AGI in 2020
Tennessee saw the fifth-largest influx of taxpayers in 2020 as the COVID-19 pandemic began, according to new data released by the United States Internal Revenue Service.
Tennessee saw 214,731 new taxpayers filing either a 1040 or W-2 that came from other states while it lost 152,716 for a net gain of more than 62,000 in new tax forms filed in 2021.
Tennessee trailed just Florida, Texas, North Carolina and South Carolina in gains.
Tennessee Gained 62,000 Taxpayers, $4.1 Billion in Personal Income AGI in 2020 - Tennessee Star