Utah has a statewide sales tax rate of 4.85%, which has been in place since 1933. Municipal governments in Utah are also allowed to collect a local-option sales tax that ranges from 1.5% to 5% across the state, with an average local tax of 2.313% (for a total of 7.066% when ...
Utah 4.65%. Flat rate. Vermont 3.35%-8.75%. $45,400-$229,550. Virginia 2%-5.75%. $3,000-$17,000. Washington Does not have state income tax. 7% long-term capital gains tax on profits of $250,000 or more. West Virginia 2.36%-5.12%. $10,000-$60,000. Wisconsin 3.5%-7.65%. $...
Making sense of the tax landscape means comparing more than just one type of tax rate. From income to property to sales taxes — and all the other taxes in between — each state crafts a unique tax profile that can affect your wallet in different ways. To help you get a clearer view o...
Interest is calculated from the due date to the actual date paid (at the rate of 7% for 2024). This all means that our ski instructor, Gregory, can wait until April 15th to pay his Utah taxes from the previous year in one lump sum, provided he has been wise enough to put the ...
In 2024, 12 states had a flat rate structure, with a single rate applying to a resident’s income: Arizona (2.5%), Colorado (4.40%), Georgia (5.49%), Idaho (5.8%), Illinois (4.95%), Indiana (3.05%), Kentucky (4.0%), Michigan (4.25%), Mississippi (4.7%), North Carolina (4.5%...
These federal tax brackets apply to income earned in 2024, reported on tax returns filed in 2025. Tax rate Single Married filing jointly Married filing separately Head of household 10% $0 to $11,600 $0 to $23,200 $0 to $11,600 $0 to $16,550 12% $11,601 to $47,150 $23,201 to...
2024 Illinois Legislative Update alert September 10, 2024 Alert Department of Labor Overtime Tip Rule Overturned alert September 06, 2024 Alert Arkansas Lowers 2024 Income Tax Rates Again alert August 15, 2024 Alert Utah 2024 Income Tax Rate Bill Passes ...
Easily calculate your tax rate to make smart financial decisions Get started W-4 Withholding Calculator Know how much to withhold from your paycheck to get a bigger refund Get started Self-Employed Tax Calculator Estimate your self-employment tax and eliminate any surprises Get started Crypto Calcula...
CaliforniaCalifornia provides property tax exemptions for veterans rated 100% disabled or compensated at the 100% rate due to unemployability. In 2023, the exemption is $161,083 for all qualifying veterans and increases to $241,627 for those with a household income below $72,335. The property...
If this same person lived in Utah, all of their taxable income—both earned and unearned—would be subject to that state's 4.65% flat tax rate. In that case, their state tax bill would be $3,627 ($78,000 × 0.0465).12 Federal Taxes ...