Table of Contents
What is Arizona state income tax rate?
Arizona state income tax rates are 2.59%, 3.34%, 4.17% and 4.5%….Do I have to pay Arizona state income tax?
| Filing status | Arizona gross income |
|---|---|
| Single | $12,550. |
| Married, filing jointly | $25,100. |
| Married, filing separately | $12,550. |
What are the Arizona tax brackets?
What Are The Arizona State Income Tax Brackets?
| Single | Rate | Married |
|---|---|---|
| $0 – $26,500 | 2.59% | $0 – $53,000 |
| $26,501 – $53,000 | 3.34% | $53,001 – $106,000 |
| $53,001 – $159,000 | 4.17% | $106,001 – $318,000 |
| $159,001 and over | 4.50% | $318,001 and over |
How is Arizona state income tax calculated?
Like the federal income tax, Arizona’s state income tax has rates based on income brackets. The rates range from 2.59% to 4.50%, with higher brackets paying higher rates….Income Tax Brackets.
| Single Filers | |
|---|---|
| Arizona Taxable Income | Rate |
| $0 – $27,272 | 2.59% |
| $27,272 – $54,544 | 3.34% |
| $54,544 – $163,362 | 4.17% |
When did Arizona start income tax?
1979
Laws 1978, Chapter 213 established a new income tax code for the State of Arizona which was to take effect beginning with the 1979 income tax year (1980 filing year).
Are pensions taxed in AZ?
Income from pensions is also taxed as regular income. U.S. government civil service pension income and Arizona state or local pension income are all eligible for a deduction of $2,500 annually. Private pensions and pensions from states other than Arizona cannot receive this deduction.
Does Arizona have state income taxes?
Similar to federal income taxes, Arizona income tax rates are based on adjusted gross income and your filing status. The Arizona income tax rates range from 2.59% to 4.50%, with higher brackets paying higher income tax rates.
What are the income limits for 2014 taxes?
Income Tax Brackets and Rates In 2014, the income limits for all brackets and all filers will be adjusted for inflation and will be as follows (Table 1). The top marginal income tax rate of 39.6 percent will hit taxpayers with an adjusted gross income of $406,751 and higher for single filers and $457,601 and higher for married filers.
What is the state tax rate for Alabama 2014?
State Individual Income Tax Rates As of January 1, 2014 State Individual Income Tax Rates As of State Rates Brackets Standard Deduction Alabama (e, f) 2.00% > $0 $2,500 4.00% > $500 5.00% > $3,000
How many states have no income tax in 2014?
Download FISCAL FACT No. 422: State Income Tax Rates and Brackets 2014 State income tax systems have significant variation in structure, rates, deductions, and exemptions, including 9 states with no income tax on wages and 8 with flat income taxes. North Carolina became a flat tax state, moving from three brackets to just one.
What is the AMT exemption amount for 2014?
On January 2, 2013 the American Taxpayer Relief Act of 2012 finally indexed the income thresholds to inflation, preventing the necessity for an annual patch. The AMT exemption amount for 2014 is $52,800 for singles and $82,100 for married couple filing jointly (Table 5).