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What is the Idaho income tax rate?

Income tax rates for 2021 range from 1% to 6.5% on Idaho taxable income. Individual income tax is graduated. This means that Idaho taxes higher earnings at a higher rate.

How are Idaho taxes calculated?

Federal income tax also goes to the IRS where it is counted toward your annual income taxes.Income Tax Brackets. Single FilersIdaho Taxable IncomeRate$0 - $1,5881.00%$1,588 - $4,7633.10%$4,763 - $6,3514.50%2 more rows

What is the tax for hotel rooms?

However, from July 18, 2022, onwards, GST at the rate of 12% will be levied.

What is Idahos state tax rate?

Tax rates. Income tax rates for 2021 range from 1% to 6.5% on Idaho taxable income. Individual income tax is graduated. This means that Idaho taxes higher earnings at a higher rate.

What are the Idaho tax brackets?

Idaho personal income tax rates: Table Idaho personal income tax rates1.0%$0-$1,588$0-$3,1763.1%$1,589-$4,763$3,177-$9,5264.5%$4,764-$6,351$9,527-$12,7025.5%$6,352-$7,939$12,703-$15,8783 more rows Jan 5, 2022

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