Mortgage Interest Deduction in Tennessee
State income tax rate
None
Itemized deductions allowed
❌ No
State-Level Mortgage Interest Deduction
Tennessee has no state income tax (the Hall Tax on investment income was fully phased out in 2021). The federal deduction is your only option.
Frequently Asked Questions
Keep reading
CalculatorMortgage Interest Deduction CalculatorRun your own numbers with Tennessee rates applied.GuideMortgage Interest Deduction by StateHow the federal rules interact with each state's conformity and limits.GuideIs a Home Equity Loan Tax Deductible?The 2018 rules, and the use test that decides whether your interest qualifies.GuideMortgage Points: What They Cost and When They Pay OffPoints are prepaid interest, and on a purchase they can be deducted in the year paid.
Rate reflects the top marginal state income tax rate for 2026 per the Tax Foundation. Whether a deduction helps depends on your full return, including whether itemizing beats the federal standard deduction. General information, not tax advice.