"Angel Investor" Tax Credit

For tax years beginning on or after January 1, 2017, an "angel investor" may claim a Hall Income Tax credit equal to thirty-three percent (33%) of the value of an investment in an innovative small business or fifty percent (50%) if investing in a Tier 4 county. The credit is limited to $50,000 per “angel investor” in any tax year. Any unused credit can be carried forward for five years.

For credits to be awarded, both the company and investor must submit applications to be approved by LaunchTN.  Applications and additional information on how to qualify are available from Launch Tennessee. 

Frequently asked questions about the Angel Investor Tax Credit

Tax Return Kits