Tennessee Enhanced Job Tax Credit
Funds Tennessee Enhanced Job Tax Credit, additional per job research tax credit for businesses expanding in economically distressed TN counties.
The Enhanced Job Tax Credit provides an additional $4,500 per net new full-time job F&E credit, stacking directly on top of the Standard Job Tax Credit. It is available exclusively to businesses locating or expanding in Tier 2, Tier 3, or Tier 4 Tennessee Enhancement Counties — counties designated as economically distressed by the state. The combined Standard + Enhanced credit can reach $9,000 per net new job. The Enhanced credit offsets up to 100% of annual F&E tax liability (versus 50% cap for Standard alone). Capital investment minimum is $500,000 with the same county-tiered job thresholds as the Standard credit. Claimed on annual F&E return; administered by TN DOR.
Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.