Tag Archives: Alabama
Often overshadowed by their tax time counterpart – the federal income tax – state income tax rates generally receive less attention. However, they can definitely impact your overall bill, depending on where you live, where you work, and the total amount you earn. State Taxation of Residents States typically use one of three methods to […]
— Read moreIf you live in Alabama you will be taxed at the following rates: If you file Single, Head of Household or Married Filing Separately, you will be taxed at a rate of 2% on the first $500 of income, 4% on income between $501 and $3,000 and 5% on all taxable income over $3,000. If […]
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