Personal Income Tax Rates in Arkansas

Personal Income Tax Rates in Arkansas - AEDC

Learn more about Arkansas's income tax rates with some help from the Arkansas Economic Development Commission.

Arkansas has a graduated state individual income tax, with rates ranging from 2.00 percent to 4.40 percent.

Arkansas Income Tax Calculator - SmartAsset

Arkansas has five income tax brackets that apply to all filing statuses for tax year 2023, with rates ranging between 0% for income up to $5,100 ...

Arkansas Income Tax Calculator 2023-2024 - Forbes

If you make $70,000 a year living in Arkansas you will be taxed $10,815. Your average tax rate is 10.94% and your marginal tax rate is 22%.

Arkansas Tax Guide: Income, Social Security and Retirement Tax

Arkansas has a graduated state individual income tax ranging from 2% to 4.40%, according to the Tax Foundation. LATEST VIDEOS FROM kiplinger. Arkansas tax ...

Arkansas lowers personal income and corporate tax rates starting in ...

Governor Sarah Huckabee Sanders signed into law SB 8, which, effective January 1, 2024, lowers the top personal tax rate from 4.7% to 4.4%.

Income tax withholding tables adjusted due to most recent tax cut

“The reduction of the top individual income tax rate from 4.4% to 3.9% results in taxpayers keeping more of their money every year moving forward. This ...

UPDATED: What do Arkansas' latest tax cuts look like for the ...

Arkansas' top individual income tax rate decreased from 4.4% to 3.9%.

Arkansas Enacts Fourth Tax Cut in Less than Two Years

That year, Arkansas' top marginal individual income tax rate was 6.9 percent. The rate is now 3 percentage points lower. Likewise, Arkansas ...

Arkansas Reduces Personal, Corporate Income Tax Rates

Arkansas has lowered its personal income and corporate income tax rates again.Under the leadership of Governor Sarah Huckabee Sanders, ...

Arkansas cuts income tax rates (again)

Yesterday she signed legislation cutting the rate to 3.9 percent, retroactively, beginning Jan. 1, 2024. Oklahoma, meanwhile, chose massive ...

What's New? – Arkansas Department of Finance and Administration

Marginal Income Tax rates for 203 have been amended, and the top rate was reduced to 4.7% for Individual, Individual Composite, PET, and Fiduciary. Corporate ...

Arkansas Income Tax Brackets, Forms, and Standard Deductions.

Arkansas Tax Brackets for Tax Year 2021 ; $0 - $4,799 · 0.0% of Income ; $4,800 - $9,499 · 2.0% - $95.98 ; $9,500 - $14,299 · 3.0% - $190.97 ; $14,300 - $23,599 · 3.4% ...

Arkansas State Tax Updates - Withum

Arkansas Reduces Income Taxes Rates · The top individual income tax rate is reduced to 3.9% from 4.4% and, · The top corporate income tax rate is ...

Arkansas Lowers its Income Tax to Help Hardworking Families

Arkansas Governor Sarah Huckabee Sanders recently signed legislation that lowers Arkansas' income tax rate from 4.4 percent to 3.9 percent.

Arkansas looking at its third state income tax cut in 13 months

The top individual income tax rate of 4.7% includes Arkansans reporting more than $87,000 in net income and is applied to their income over ...

Arkansas Income Tax Explained 2024 • Learn with Valur

In 2024, the Arkansas state income tax rates range from 2.00% to 4.7%. ... Adding these amounts together, the individual would pay a total of $15,807 in Arkansas ...

Arkansas Paycheck Calculator - SmartAsset

Arkansas income tax rate: 2% - 4.70% · Median household income: $56,335 (U.S. Census Bureau) · Number of cities that have local income taxes: 0 ...

Arkansas State Taxes

It recently reduced its top income tax rate to 4.7% and it has one of the lowest median property tax rates in the county. Unfortunately, it's ranked near the ...

Arkansas: Who Pays? 7th Edition - ITEP

ITEP's Tax Inequality Index measures the effects of each state's tax system on income inequality. According to this measure, Arkansas has the ...