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The flip side of the state s income tax free status is its high sales taxes.
Income tax rates washington state. Washington state income tax brackets. Choose any state from the list above for detailed state income tax information including 2020 income tax tables state tax deductions and state specific income tax calculators. For example while the state of washington s citizens don t pay income tax they still end up spending over 8 of their annual income on sales and excise taxes. If you make 55 000 a year living in the region of washington usa you will be taxed 9 482 that means that your net pay will be 45 518 per year or 3 793 per month.
There are only seven states nationwide that din t collect a state income tax however when a state has no income tax it generally makes up for lost tax. 2020 washington tax tables with 2021 federal income tax rates medicare rate fica and supporting tax and withholdings calculator. Washington state does not have a personal or corporate income tax. Many state pages also provide direct links to selected income tax return forms and other resources.
The washington income tax has one tax bracket with a maximum marginal income tax of 0 00 as of 2020. Washington income tax rate and tax brackets shown in the table below are based on income earned between january 1 2020 through december 31 2020. The table below shows sales tax rates for all of the. Outlook for the 2019 washington income tax rate is to remain unchanged at 0.
The state s base sales tax rate is 6 5. Your average tax rate is 17 24 and your marginal tax rate is 29 65 this marginal tax rate means that your immediate additional income will be taxed at this rate. Washington has no state level income taxes although the federal income tax still applies to income earned by washington residents. The income tax calculator used in the table is based on a single taxpayer not married or filing as married claiming one personal exemption.
Detailed washington state income tax rates and brackets are available on this page. Washington state sales tax. Texas residents also don t pay income tax but spend 1 81 of their income on real estate taxes one of the highest rates in the country. Washington state income tax rate for 2020 is 0 because washington does not collect a personal income tax.
If you want to compare all of the state tax rates on one page visit. No income tax in washington state. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household and widower. The above table provides you with a broad range of different washington state income tax rates.
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