WebJan 1, 2024 · Income Tax Rate for Individuals with a Net Income Greater Than $84,500. $0 - $4,300. 2.0%. $4,301 - $8,500. 4.0%. $8,501+. 4.9%. Act 1 of the Third Extraordinary Session of the 93rd General Assembly included a one-time inflationary relief income-tax credit for a resident individual taxpayer who files an Arkansas full-year resident income tax ... Web3. You filed an income tax return and paid the tax by January 31st, or on the last day of the first month after the close of the income year. 4. The preceding tax year was a tax year of twelve months, and you did not have a tax liability for the preceding tax year, and you were a resident of Arkansas throughout the preceding tax year. 5.

What are the filing requirements for Arkansas? – Support

WebThe state income tax rates range up to 5.9%, and the sales tax rate is 6.5%. Arkansas offers tax deductions and credits to reduce your tax liability, including post-secondary tuition … WebApr 10, 2024 · Arkansas Gov. Sarah Huckabee Sanders signs legislation at the state Capitol in Little Rock, Ark., on Monday, April 10, 2024, that will cut individual and corporate income … clear snow pusher

Office of Income Tax Administration Arkansas.gov

WebArkansas - Department of Finance and Administration WebArkansas Municipal League. Arkansas Association of Counties. There are more than 300 local taxes in Arkansas since local taxes have become a reality. Most cities and counties have local taxes. Cities and counties have the authority to enact a local sales and use tax if it is passed by an election of the voters in their jurisdiction. WebAccording to Arkansas Individual Income Tax Booklet, whether or not you have to file an Arkansas tax return depends on your filing status and gross income. Full Year Residents. Single, $13,447; Head of Household with 1 or no dependents, $19,118; Head of Household with 2 or more dependents. $22,790; MFJ with 1 or no dependents, $22,676 clear snowflake balloons