Arkansas rolled out a slew of income tax cuts in the past few years, including a move to lower the top individual income tax rate to 3.9 percent for income earned in the 2024 tax year, to be reported on tax returns in 2025. Arkansas income taxes 2024 Household income $ Filing Status ...
e-File These Arkansas State Tax FormsPrepare and e-file these state forms for the 2024 tax year in conjunction with your Federal and State Income Tax Return. As you proceed through the tax interview on eFile.com, the application will select the correct state forms for you. You can also ...
TurboTax software programs include the tax forms you're likely to need to file your federal and state taxes. And the great thing is they guide you through your tax return so you don't need to know which tax forms to file. You can also find all federal fo
of your self-employment taxes as well as health insurance. You can also itemize your deductions with the 1040, which is something that you cannot do with other IRS tax forms. There are other tax credits which can be taken on the 1040 that are not allowed to be taken on the other two ...
The state doesn’t have an inheritance tax, but does levy an estate tax. As of Jan. 1, 2025, estates under $7.16 million are exempt from filing an estate tax return but those over that value must file one. The exemption threshold was $6.94 million in 2024. The corporate tax is gradua...
Arkansas tax holds as state high court reverses decision. (Arkansas Supreme Court)Shah, Angela
State 2022 Rate 2023 Rate 2024 Rate Deadlines Refund Status Alabama 5% 5% TBD Deadlines RefundAlaska 0% 0% 0% No income tax No refundArizona 2.98% 2.50% 2.50% Deadlines RefundArkansas 5.90% 4.90% TBD Deadlines RefundCalifornia 12.30% 12.30% 12.30% Deadlines RefundColorado 4.55% 4.40% TBD ...
Arkansas:9.47% Washington:9.23% Alabama:9.24% Oklahoma:8.95% Illinois:8.82% Kansas:8.68% California:8.66% Texas:8.25% States with the lowest combined sales taxes: Looking for the least amount of sales tax on your purchases? These states offer the lowest combined rates: ...
File PPT with DOR by April 15th, due 3 1/2 months after tax ending period Alaska Biennially. For profit corporation: Jan. 2 Non-Profit: July 2 Biennially. For profit LLC: Jan. 2 Arizona Annually according to date incorporated No Reports Arkansas May 1st Non-profit: August 1 May 1st ...
If you can’t bear to look at more tax forms, a RamseyTrusted tax pro can help. They’re experts who know the ins and outs of state-specific tax code so you don’t have to worry about it. Find a pro near you today! Federal Classic Includes: ...