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STATE INDIVIDUAL INCOME TAXES
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---Tax Rates--- |
# of | --Income Brackets-- | ---Personal Exemption--- | Federal Tax | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
State |
Low | High | Brackets | Low | High | Single | Married | Child. | Ded. | |||||||||
| ALABAMA | 2.0 | - | 5.0 | 3 | 500 | (b) | - | 3,000 | (b) | 1,500 | 3,000 | 300 | * | |||||
| ALASKA | No State Income Tax | |||||||||||||||||
| ARIZONA | 2.87 | - | 5.04 | 5 | 10,000 | (b) | - | 150,000 | (b) | 2,100 | 4,200 | 2,300 | ||||||
| ARKANSAS (a) | 1.0 | - | 7.0 | (e) | 6 | 3,999 | - | 27,500 | 20 | (c) | 40 | (c) | 20 | (c) | ||||
| CALIFORNIA (a) | 1.0 | - | 9.3 | 6 | 5,962 | (b) | - | 39,133 | (b) | 80 | (c) | 160 | (c) | 251 | (c) | |||
| COLORADO | 4.63 | 1 |
-----Flat rate----- |
-----------None----------- | ||||||||||||||
| CONNECTICUT | 3.0 | - | 5.0 | 2 | 10,000 | (b) | - | 10,000 | (b) | 12,500 | (f) | 24,000 | (f) | 0 | ||||
| DELAWARE | 2.2 | - | 5.95 | 6 | 5,000 | - | 60,000 | 110 | (c) | 220 | (c) | 110 | (c) | |||||
| FLORIDA | No State Income Tax | |||||||||||||||||
| GEORGIA | 1.0 | - | 6.0 | 6 | 750 | (g) | - | 7,000 | (g) | 2,700 | 5,400 | 2,700 | ||||||
| HAWAII | 1.4 | - | 8.25 | 9 | 2,000 | (b) | - | 40,000 | (b) | 1,040 | 2,080 | 1,040 | ||||||
| IDAHO (a) | 1.6 | - | 7.8 | 8 | 1,104 | (h) | - | 22,074 | (h) | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | |||
| ILLINOIS | 3.0 | 1 |
-----Flat rate----- |
2,000 | 4,000 | 2,000 | ||||||||||||
| INDIANA | 3.4 | 1 |
-----Flat rate----- |
1,000 | 2,000 | 1,000 | ||||||||||||
| IOWA (a) | 0.36 | - | 8.98 | 9 | 1,211 | - | 54,495 | 40 | (c) | 80 | (c) | 40 | (c) | * | ||||
| KANSAS | 3.5 | - | 6.45 | 3 | 15,000 | (b) | - | 30,000 | (b) | 2,250 | 4,500 | 2,250 | ||||||
| KENTUCKY | 2.0 | - | 6.0 | 5 | 3,000 | - | 8,000 | 20 | (c) | 40 | (c) | 20 | (c) | |||||
| LOUISIANA | 2.0 | - | 6.0 | 3 | 12,500 | (b) | - | 25,000 | (b) | 4,500 | (i) | 9,000 | (i) | 1,000 | (i) | * | ||
| MAINE (a) | 2.0 | - | 8.5 | 4 | 4,250 | (b) | - | 16,950 | (b) | 4,700 | 7,850 | 1,000 | ||||||
| MARYLAND | 2.0 | - | 4.75 | 4 | 1,000 | - | 3,000 | 2,400 | 4,800 | 2,400 | ||||||||
| MASSACHUSETTS | 5.3 | 1 |
-----Flat rate----- |
3,300 | 6,600 | 1,000 | ||||||||||||
| MICHIGAN (a) | 4.0 (y) | 1 |
-----Flat rate----- |
3,100 | 6,200 | 3,100 | ||||||||||||
| MINNESOTA (a) | 5.35 | - | 7.85 | 3 | 19,440 | (j) | - | 63,860 | (j) | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | |||
| MISSISSIPPI | 3.0 | - | 5.0 | 3 | 5,000 | - | 10,000 | 6,000 | 12,000 | 1,500 | ||||||||
| MISSOURI | 1.5 | - | 6.0 | 10 | 1,000 | - | 9,000 | 2,100 | 4,200 | 2,100 | * (s) | |||||||
| MONTANA (a) | 2.0 | - | 11.0 | 10 | 2,199 | - | 76,199 | 1,740 | 3,480 | 1,740 | * | |||||||
| NEBRASKA (a) | 2.56 | - | 6.84 | 4 | 2,400 | (k) | - | 26,500 | (k) | 94 | (c) | 188 | (c) | 94 | (c) | |||
| NEVADA | No State Income Tax | |||||||||||||||||
| NEW HAMPSHIRE | State Income Tax is Limited to Dividends and Interest Income Only. | |||||||||||||||||
| NEW JERSEY | 1.4 | - | 6.37 | 6 | 20,000 |
(l)
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- | 75,000 |
(l)
|
1,000 | 2,000 | 1,500 | ||||||
| NEW MEXICO | 1.7 | - | 6.8 | 5 | 5,500 | (m) | - | 26,000 | (m) | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | |||
| NEW YORK | 4.0 | - | 7.70 | 7 | 8,000 | (n) | - | 500,000 | (n) | 0 | 0 | 1,000 | ||||||
| NORTH CAROLINA (o) | 6.0 | - | 8.25 | 4 | 12,750 | (o) | - | 120,000 | (o) | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | |||
| NORTH DAKOTA | 2.1 | - | 5.54 | (p) | 5 | 28,400 |
(p)
|
- | 311,950 |
(p)
|
3,100 | (d) | 6,200 | (d) | 3,100 | (d) | ||
| OHIO (a) | 0.743 | - | 7.5 | 9 | 5,000 | - | 200,000 | 1,200 | (q) | 2,400 | (q) | 1,200 | (q) | |||||
| OKLAHOMA | 0.5 | - |
6.75
|
(r) | 8 | 1,000 | (b) | - | 10,000 | (b) | 1,000 | 2,000 | 1,000 | * (r) | ||||
| OREGON (a) | 5.0 | - | 9.0 | 3 | 2,600 |
(b)
|
- | 6,500 |
(b)
|
151 | (c) | 302 | (c) | 151 | (c) | * (s) | ||
| PENNSYLVANIA | 3.07 | 1 |
-----Flat rate----- |
-----------None----------- | ||||||||||||||
| RHODE ISLAND | 25.0% Federal tax liability (t) | --- | --- | --- | --- | |||||||||||||
| SOUTH CAROLINA (a) | 2.5 | - | 7.0 | 6 | 2,400 | - | 12,300 | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | |||||
| SOUTH DAKOTA | No State Income Tax | |||||||||||||||||
| TENNESSEE | State Income Tax is Limited to Dividends and Interest Income Only. | |||||||||||||||||
| TEXAS | No State Income Tax | |||||||||||||||||
| UTAH | 2.30 | - | 7.0 | 6 | 863 | (b) | - | 4,313 | (b) | 2,325 | (d) | 4,650 | (d) | 2,325 | (d) | * (u) | ||
| VERMONT (a) | 3.6 |
- |
9.5 |
5 |
29,050 |
(v) | 319,100 | (v) | 3,100 | (d) | 6,200 | (d) | 3,100 | (d) | ||||
| VIRGINIA | 2.0 | - | 5.75 | 4 | 3,000 | - | 17,000 | 800 | 1,600 | 800 | ||||||||
| WASHINGTON | No State Income Tax | |||||||||||||||||
| WEST VIRGINIA | 3.0 | - | 6.5 | 5 | 10,000 | - | 60,000 | 2,000 | 4,000 | 2,000 | ||||||||
| WISCONSIN | 4.6 | - | 6.75 | 4 | 8,610 |
(w)
|
- | 129,150 |
(w)
|
700 | 1,400 | 400 | ||||||
| WYOMING | No State Income Tax | |||||||||||||||||
| - | ||||||||||||||||||
| DIST. OF COLUMBIA | 5.0 | - |
9.5
|
(x) | 3 | 10,000 | - | 30,000 | 1,370 | 2,740 | 1,370 | |||||||
Source: The
Federation of Tax Administrators from various sources.
(a) 14 states have statutory provision for automatic adjustment of tax brackets,
personal exemption or standard deductions to the rate of inflation. Michigan,
Nebraska and Ohio indexes the personal exemption amounts only.
(b) For joint returns, the taxes are twice the tax imposed on half the income.
(c) tax credits.
(d) These states allow personal exemption or standard deductions as provided in
the IRC. Utah allows a personal exemption equal to three-fourths the federal
exemptions.
(e) plus a 3% surtax. A special tax table is available for low income taxpayers
reducing their tax payments.
(f) Combined personal exemptions and standard deduction. An additional tax
credit is allowed ranging from 75% to 0% based on state adjusted gross income.
Exemption amounts are phased out for higher income taxpayers until they are
eliminated for households earning over $54,500.
(g) The tax brackets reported are for single individuals. For married households
filing separately, the same rates apply to income brackets ranging from $500 to
$5,000; and the income brackets range from $1,000 to $10,000 for joint filers.
(h) For joint returns, the tax is twice the tax imposed on half the income. A
$10 filing tax is charge for each return and a $15 credit is allowed for each
exemption.
(i) Combined personal exemption and standard deduction.
(j) The tax brackets reported are for single individual. For married couples
filing jointly, the same rates apply for income under $28,420 to over $112,910.
(k) The tax brackets reported are for single individual. For married couples
filing jointly, the same rates apply for income under $4,000 to over $46,750.
(l) The tax brackets reported are for single individuals. For married couples
filing jointly, the same rates apply for income under $20,000 to over $150,000.
(m) The tax brackets reported are for single individuals. For married couples
filing jointly, the same rates apply for income under $8,000 to over $40,000.
Married households filing separately pay the tax imposed on half the income. Tax
rate is scheduled to decrease in tax year 2005.
(n) The tax brackets reported are for single individuals. For married taxpayers,
the same rates apply to income brackets ranging from $16,000 to $500,000.
(o) The tax brackets reported are for single individuals. For married taxpayers,
the same rates apply to income brackets ranging from $21,250 to $200,000. Lower
exemption amounts allowed for high income taxpayers. Tax rate scheduled to
decrease after tax year 2005.
(p) The tax brackets reported are for single individuals. For married taxpayers,
the same rates apply to income brackets ranging from $47,450 to $311,950. An
additional $300 personal exemption is allowed for joint returns or unmarried
head of households.
(q) Plus an additional $20 per exemption tax credit.
(r) The rate range reported is for single persons not deducting federal income
tax. For married persons filing jointly, the same rates apply to income brackets
ranging from $2,000 to $21,000. Separate schedules, with rates ranging from 0.5%
to 10%, apply to taxpayers deducting federal income taxes.
(s) Deduction is limited to $10,000 for joint returns and $5,000 for individuals
in Missouri and to $5,000 in Oregon.
(t) Federal Tax Liability prior to the enactment of Economic Growth and Tax
Relief Act of 2001.
(u) One half of the federal income taxes are deductible.
(v) The tax brackets reported are for single individuals. For married couples
filing jointly, the same rates apply for income under $46,700 to over $307,050.
(w) The tax brackets reported are for single individuals. For married taxpayers,
the same rates apply to income brackets ranging from $11,480 to $172,200. An
additional $250 exemption is provided for each taxpayer or spouse age 65 or
over.
(x) Tax rate decreases are scheduled for tax years 2005.
(y) Tax rate is
schedulde to decrease to 3.9% after June, 2004.
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