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2022: Top Individual Tax Rate at 4.9% : Arkansas Governor Asa Hutchinson.
Personal Income Tax Income Tax Rate for Individuals with Net Income of Less Than or Equal to $84,500$0 - $4,9990.0%$5,000 - $9,9992.0%$10,000 - $14,2993.0%$14,300 - $23,5993.4%1 more row
to return to it after leaving or if a person spends more than six months of the taxable year in Arkansas, they are considered an Arkansas resident for state tax purposes. All non-residents must file a state tax return if they receive any in- come from an Arkansas source.
Part year residents who received any gross income while an Arkansas resident must file a return (regardless of marital status, filing status, or amount). *Gross income is all income (before deductions) other than income specifically described as exempt on pages 9 and 10 Exempt From Income Tax.
All non-residents must file a state tax return if they receive any in- come from an Arkansas source. Part-year residents must file a return if they re- ceive any income from any source while a resident of Arkansas.
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Overview of Arkansas Taxes Gross Paycheck$3,146Federal Income15.22%$479State Income4.99%$157Local Income3.50%$110FICA and State Insurance Taxes7.80%$24623 more rows
Calculate the sum of all assessed taxes, including Social Security, Medicare and federal and state withholding information found on a W-4. Divide this number by the gross pay to determine the percentage of taxes taken out of a paycheck.
Typically, if a filer files less than $5,000 per year, they dont need to do any filing for the IRS. Your employment status can also be used to determine if youre making less than $5,000.
Calculate the sum of all assessed taxes, including Social Security, Medicare and federal and state withholding information found on a W-4. Divide this number by the gross pay to determine the percentage of taxes taken out of a paycheck.
Full-Year Residents Filing StatusYou must file if your income is at least:Married Filing Joint (with one or no dependent) Married Filing Joint (2 or more dependents) Married Filing Separate$22,016 $26,497 $8,500Qualifying Widow(er) with 1 dependent Qualifying Widow(er) with 2 or more dependents$18,561 $22,1262 more rows

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