What is the Arkansas individual income tax rate?

75% on income up to $4,699, 2.5% on income between $4,700 and $9,199, 3.5% on income between $9,200 and $13,899, 4.5% on income between $13,900 and $22,899, 5% on income between $22,900 and $38,499 and 5.9% on income between $38,500 and $82,000.

Does Arkansas have a personal income tax?

Arkansas assesses an individual income tax, and its design is comparable to that of the federal income tax system administered by the Internal Revenue Service (IRS). While Arkansas generally adopts most federal income tax provisions, there are a few key differences between state and federal forms.

How do I pay individual income tax in Arkansas?

The State of Arkansas allows payments to be made for Individual Income Tax liabilities by Credit Card. The credit card transactions are made through the Official Payments Corporation. (1-800-272-9829) or over the internet by visiting and clicking the “Payment Center Link”.

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Do I have to file Arkansas state income tax?

Any PY resident who received any taxable income while an Arkansas resident must file a return, regardless of filing status or gross income amount. Nonresidents: Any nonresident who received taxable income from Arkansas sources, must file a tax return regardless of filing status or gross income amount.

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How high are taxes in Arkansas?

Arkansas assesses an individual income tax using 6 tax brackets ranging from just under 1% up to 7%. Its tax system is designed along the U.S. income tax system and generally adopts most of its tax provisions.

What income does Arkansas tax?

Personal Income Tax Rates (Effective January 1, 2020)

Income greater than $79,300
$0-$4,000 2.0%
$4,001 – $8,000 4.0%
$8,001 – $79,300 5.9%
$79,301 and above 6.6%