Tennessee Storm Shelters May Qualify for State Tax Break
Storm shelters may qualify for state sales tax savings under recently passed legislation.
The Tennessee Department of Revenue says Tennessee taxpayers who purchase qualifying building supplies to construct storm shelters between July 1 and Dec. 31 can save up to $2,500 on sales tax paid on certain construction supplies.
Individuals can file a claim for refunds for sales tax paid on these items. They also may claim a refund for tax paid by certain contractors.
Items eligible for a refund include Sheetrock, insulation, flooring, construction tools, paint materials, hardware, brick, concrete block, lumber and other building materials.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.