Income Tax Rate Arizona 2020

Arizona s 2020 income tax ranges from 2 59 to 4 5.

Income tax rate arizona 2020. As of january 2005 there is no estate tax in arizona. The most notable change to the state tax code is the elimination of an entire tax bracket. Detailed arizona state income tax rates and brackets are available on this page. Arizona state income tax rate table for the 2019 2020 filing season has four income tax brackets with az tax rates of 2 59 3 34 4 17 and 4 50 for single married filing jointly married filing separately and head of household statuses.

In fact the tax costs 2 00 per pack of 20 cigarettes or 10 cents per stick. This page has the latest arizona brackets and tax rates plus a arizona income tax calculator. 2020 arizona tax tables with 2021 federal income tax rates medicare rate fica and supporting tax and withholdings calculator. Beginning in 2020 arizona individual income tax returns for tax year 2019 will include the following adjustments.

Income tax tables and other tax information is sourced from the arizona department of revenue. On a nationwide scale arizona taxes cigarettes at a high rate. Income taxes accounted for 37 percent of state tax revenues in fiscal year 2017 the analysis said. The state levies a graduated rate tax on income earners.

The arizona income tax has four tax brackets with a maximum marginal income tax of 4 50 as of 2020. The arizona tax calculator is designed to provide a simple illlustration of the state income tax due in arizona to view a comprehensive tax illustration which includes federal tax medicare state tax standard itemised deductions and more please use the main 2020 21 tax reform calculator. Remove arizona personal and dependent exemption amounts. The flat tax rate applies to individuals estate trusts and c corporations operating in colorado and the new rate will be retroactive back to january 1 2020.

Below is a chart of arizona s current income tax brackets compared to the new brackets for both individuals and joint filers. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household and widower. Arizona eliminated the second income tax bracket beginning with the 2019 tax year. Arizona collects excise taxes on alcoholic beverages depending on the type of product.

Top state income tax rates range from a high of 13 3 percent in california to 1 percent in tennessee according to the tax foundation study which was published in february.