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Tax Breaks on Storm Shelters

By Associated Press

Nashville, TN – Storm shelters may qualify for state sales tax savings under recently passed legislation. The Tennessee Department of Revenue says Tennessee taxpayers who purchase qualified building supplies to construct storm shelters between July 1 and Dec. 31 can save up to $2,500 on sales tax. Individuals may file a claim for refunds on sales tax paid on these items. They also may claim a refund for tax paid by certain contractors. Items eligible for a refund include most standard construction materials. A list can be found here.