Tuesday, March 28, 2023
  • Login
  • Tax Rates 2023
    • Pension Plans Limits 2023
    • Estate & Trust
    • 2022 Tax Brackets
      • USA State and Local Taxes
      • EIC Table 2023, 2022
    • Tax Bracket 2021
    • Tax Brackets 2020
    • Tax Bracket 2019
      • Long Term Capital Gains Rate- 2019,2018,2017
      • 2019 & 2018 Standard Deduction
      • Kiddie Tax Brackets
    • Depreciation MACRS Table
  • Tax Information
    • Latest Phone number of IRS
    • Local Taxpayer Advocate Service Office
    • Search CAA & AA
  • Tax Calculator 2022 & 2023
    • Fastest Sales Tax Reverse Calculator
    •  EITC Calculator 2022 & 2023
    • SEP-IRA Calculator
    • Penalty Calculator
    • IRA Contribution Limit Calculator
    • Mileage Reimbursement Calculator
    • Net Investment Calculator
    • Alternative Minimum Tax Calculator for 2017 & 2018
    • Estimated Tax Penalty
    • Section 179 Deduction
    • tax residency
      • Physical Presence Test Calculator
      • US Tax Residency Calculator
      • First Year Choice Calculator
    • Capital Gains Calculator
    • Home Office Deduction Calculator
  • Write to me
  • Q&A
  • State and Local Taxes
    • California Tax Calculator With Tax Rate
    • DC Tax Rates 2022 & Past Years
    • Massachusetts tax calculator
    • Illinois tax calculator with tax rates
    • Indiana Tax Rate Chart
    • NY State Tax Rate 2022
  • Privacy Policy
  • Guest Posting
No Result
View All Result
Internal Revenue Code Simplified
No Result
View All Result
Internal Revenue Code Simplified
No Result
View All Result
Home State tax

Fastest Income Tax Arizona Calculator

by Prashant Thakur
February 20, 2023
in State tax
0
income tax Arizona calculator

Income Tax Arizona Calculator is a personal income tax calculator for Arizona for two tax years – 2022 (filing 18th April 2023 ) and tax year 2023 (filing 15th April 2024). The calculator uses slab rates for the tax year 2022 and the flat rate for the year 2023 as Arizona transitioned from slab rate to flat tax rate from 1st Han 2023.

Table of Contents

  • Income tax Arizona calculator
  • Does Arizona have income tax?
  • Personal Tax Rates in Arizona
  • Income tax Arizona calculator 2023 tax rate
  • Income tax Arizona calculator 2022 tax rate
  • Does Arizona allow standard deduction?
  • List of income exempt from income tax in Arizona
  • Who must file a tax return in Arizona?
  • How to check Arizona tax refund status?

Income tax Arizona calculator

Does Arizona have income tax?

Arizona has its own income tax law, which governs the taxation of income earned by individuals and businesses within the state. The Arizona income tax law is governed by the Arizona Department of Revenue, responsible for administering and enforcing the law. This essay will discuss the personal tax rates in Arizona and the list of income exempt from tax in the state.

Personal Tax Rates in Arizona

Arizona has a graduated income tax system, meaning the tax rate varies based on the income earned. The tax rate in Arizona ranges from 2.59% to 4.5%. The following table shows the tax rates for different income brackets in Arizona for 2022. However, Arizona has changed the personal income tax rate from slab to flat rate from 1st January 2023. The flat tax rate on personal income in the state of Arizona is 2.5% of

Income tax Arizona calculator 2023 tax rate

Arizona’s income tax for 2023 (filed by April 2024) will be a flat rate of 2.5%. 

Income tax Arizona calculator 2022 tax rate

Arizona state income tax returns are due April 18, 2023, or October 16, 2023, with an extension.

Single or married filing separately

Tax rateTaxable income bracketTax owed
2.55%$0 to $28,653.2.55% of taxable income.
2.98%$28,654 and over.2.98% of taxable income over $28,653, plus $731.
Source: Arizona Department of Revenue.

Head of household or married filing jointly

Tax rateTaxable income bracketTax owed
2.55%$0 to $57,305.2.55% of taxable income.
2.98%$57,306 and over.2.98% of taxable income over $57,206, plus $1,461.
Source: Arizona Department of Revenue.

Does Arizona allow standard deduction?

It is important to note that Arizona does not have a standard deduction for individual taxpayers. However, several tax credits and deductions available to Arizona taxpayers can reduce their tax liability. For instance, taxpayers can claim a credit for contributions to qualifying charitable organizations, a credit for contributions to public schools, and a credit for contributions to private school tuition organizations.

List of income exempt from income tax in Arizona

Several types of income are exempt from tax in Arizona. Some of the income that is exempt from tax in Arizona includes:

  1. Social Security Benefits – Social Security benefits are not taxable in Arizona.
  2. Military Retirement Pay – Military retirement pay is exempt from Arizona income tax.
  3. Arizona State and Local Bond Interest – Interest earned on Arizona state and local bonds is exempt from Arizona income tax.
  4. Retirement Income – Retirement income from qualified plans, such as 401(k) and IRA plans, is exempt from Arizona income tax up to certain limits.
  5. Disability Benefits – Disability benefits received from the Social Security Administration or the Veterans Administration are not taxable in Arizona.
  6. Workers’ Compensation Benefits – Workers’ compensation benefits are exempt from Arizona income tax.
  7. Native American Income – Income earned on a Native American reservation is exempt from Arizona income tax.

Who must file a tax return in Arizona?

Anyone who is a tax resident (Full-year and part-year residents ) of Arizona and earns minimum income as per the table given below must file a tax return by the due date which is 18th April 2023 for the tax year 2022.

Filing statusArizona gross income
Single$12,950.
Married, filing jointly$25,900.
Married, filing separately$12,950.
Head of household$19,400.

How to check Arizona tax refund status?

As soon as the Arizona Department of Revenue (ADOR) processes your return, information about your refund will be transmitted. You can check the same on the  Check Refund Status page .For any problem or issue with the Arizona tax refund, you can contact the Arizona Department of Revenue if you have questions about your refund.

I hope you found the Income Tax Arizona Calculator!. We have published California tax calculator, Indiana tax calculator, and many other states as well.

Post Disclaimer

While the information on this site  - Internal Revenue Code Simplified-is about legal issues, it is not legal advice or legal representation. Because of the rapidly changing nature of the law and our reliance upon outside sources, we make no warranty or guarantee of the accuracy or reliability of information contained herein.

Tags: income tax calculator az
Previous Post

When Are You Exempt from California Exit Tax?

Next Post

Flat Tax Rates in 11 States from 1st January 2023

Categories

Search

No Result
View All Result

Recent Articles

  • Beware of ERC Scamsters : IRS Warns Against Improper Claims !
  • Got NFTs? IRS Wants to Know: Are They Collectibles or Not
  • How are Airdrops Taxed? Complete Guide With Calculator.
  • Form 3520 IRS Filing: A Must-Do for Tax-Free Gifts, Bequests, and Inheritances to Avoid Penalties!
  • Tax Debt and Financial Settlement Services: A Comprehensive Guide 2023
No Result
View All Result
  • Tax Rates 2023
    • Pension Plans Limits 2023
    • Estate & Trust
    • 2022 Tax Brackets
      • USA State and Local Taxes
      • EIC Table 2023, 2022
    • Tax Bracket 2021
    • Tax Brackets 2020
    • Tax Bracket 2019
      • Long Term Capital Gains Rate- 2019,2018,2017
      • 2019 & 2018 Standard Deduction
      • Kiddie Tax Brackets
    • Depreciation MACRS Table
  • Tax Information
    • Latest Phone number of IRS
    • Local Taxpayer Advocate Service Office
    • Search CAA & AA
  • Tax Calculator 2022 & 2023
    • Fastest Sales Tax Reverse Calculator
    •  EITC Calculator 2022 & 2023
    • SEP-IRA Calculator
    • Penalty Calculator
    • IRA Contribution Limit Calculator
    • Mileage Reimbursement Calculator
    • Net Investment Calculator
    • Alternative Minimum Tax Calculator for 2017 & 2018
    • Estimated Tax Penalty
    • Section 179 Deduction
    • tax residency
      • Physical Presence Test Calculator
      • US Tax Residency Calculator
      • First Year Choice Calculator
    • Capital Gains Calculator
    • Home Office Deduction Calculator
  • Write to me
  • Q&A
  • State and Local Taxes
    • California Tax Calculator With Tax Rate
    • DC Tax Rates 2022 & Past Years
    • Massachusetts tax calculator
    • Illinois tax calculator with tax rates
    • Indiana Tax Rate Chart
    • NY State Tax Rate 2022
  • Privacy Policy
  • Guest Posting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In