Home
Forms Library
STATE OF ARKANSAS Composite Estimated Tax

STATE OF ARKANSAS Composite Estimated Tax 2025

STATE OF ARKANSAS Composite Estimated Tax Preview on Page 1

Show details

4.6 out of 5

56 votes

The document provides instructions for filing the Composite Estimated Tax Declaration Vouchers for the tax year 2024 in Arkansas. It outlines who must file, how to complete the declaration and vouchers, payment deadlines, and where to submit payments. Taxpayers expecting to owe more than $1,000 must file a declaration by April 15, 2024, or according to their fiscal year schedule. The document also includes details on using the Arkansas Taxpayer Access Point (ATAP) for online payments and managing accounts.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The fastest way to redact STATE OF ARKANSAS Composite Estimated Tax online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is a perfect editor for changing your documents online. Follow this simple guideline redact STATE OF ARKANSAS Composite Estimated Tax in PDF format online at no cost:

Register and sign in. Create a free account, set a secure password, and proceed with email verification to start managing your templates.
Add a document. Click on New Document and choose the form importing option: add STATE OF ARKANSAS Composite Estimated Tax from your device, the cloud, or a secure URL.
Make changes to the template. Take advantage of the upper and left-side panel tools to change STATE OF ARKANSAS Composite Estimated Tax. Add and customize text, images, and fillable fields, whiteout unneeded details, highlight the significant ones, and provide comments on your updates.
Get your documentation completed. Send the form to other individuals via email, create a link for faster document sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail added.

Explore all the advantages of our editor today!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How much are bonuses taxed in the state of Arkansas?

Starting from January 1, 2024, Arkansas will implement a new withholding rate of 4.4% for supplemental income like bonuses, down from the prior 4.7%.

Who pays composite tax?

A composite return is a unique type of income tax return filed on behalf of a group of nonresident individuals by a pass-through entity. Instead of each member managing their own state income responsibilities individually, the entity takes charge of a composite filing.

Does Arkansas allow composite tax returns?

Only those members who must file Arkansas nonresident income tax returns as a result of their interest in a pass-through entity can be included in the composite return.

What is the Ptet rate for 2024 in Arkansas?

The rate was reduced to 4.9% by Acts 1 and 2 of the Third Extraordinary Session of 2022. Act 532 of 2023 reduced the rate to 4.7% for tax years beginning in 2023. Act 6 of the First Extraordinary Session of 2023 lowered the rate to 4.4% beginning in tax year 2024.

Does Arkansas require estimated tax payments?

Every taxpayer subject to the Income Tax Act of 1987, as amended, must file with the Department of Finance and Administration a Declaration of Estimated Tax (Voucher 1) for the income year if the taxpayer can reasonably expect their estimated tax to be more than one thousand dollars ($1,000).

What is supplemental pay tax?

If your supplemental wages are identified separately from your salary (as a bonus, for example), your employer must withhold taxes using one of the following two methods: Withhold at the supplemental rate of 22 percent.

What is the Arkansas state supplemental tax rate?

On June 19, 2024, Arkansas Governor Sarah Huckabee Sanders signed into law S.B.1, retroactively lowering from 4.4% to 3.9% the states personal income tax rate for the top two tax brackets and supplemental withholding rate on bonuses and other irregular wage payments.

What is the supplemental tax rate in Arkansas?

Supplemental tax rates by state StateSupplemental Tax Rate (2024) Alabama 5.0% Alaska No state income tax Arizona None Arkansas 4.4%47 more rows Jan 5, 2024

STATE OF ARKANSAS Composite Estimated Tax 2025

Here's how it works