Tag Archives: state income tax
Louisiana taxpayers who file a Federal tax return are required to file a state return. If you are a nonresident or part-year resident, you will be taxed on any income earned in the state, and will need to file IT-540B. In order to calculate the appropriate amount of taxes on the IT-540B, you have to […]
— Read moreThe Pelican State uses three separate tax brackets when assessing income tax to its residents. Those who file using the single status are subject to income tax at the following rates: 2% on the first $12,500 of taxable income 4% between $12,501 and $50,000 of taxable income 6% on any taxable income greater than $50,001 […]
— Read moreThe rules for Iowa state income tax say that any individual who earns less than $1,000 in net income is considered a nonresident or part-year resident depending on whether or not they established a permanent domicile in the state and for how long. Married taxpayers should use their combined income to determine whether they need […]
— Read moreIowa assess income taxes over nine different tax brackets. They are: 36 % on the first $1,494 of taxable income. 72 % between $1,495 and $2,988 of taxable income 43 % between $2,989 and $5,976 of taxable income 50 % between $5,977 and $13,446 of taxable income 12 % between $13,447 and $22,410 of taxable […]
— Read moreAny who lives in Arkansas for part of the tax year is considered a part-year resident. This includes those who may have moved to or from the state during the year. Part-year residents are required to file a state income tax if any of their income was earned in-state. Taxpayers should use Form-1000NR to file […]
— Read moreArkansas collects income tax from its residents over six different tax brackets based on income. The rates for each bracket and relative income level are: 1% on taxable income under $4,200 5% between $4,200 and $8,299 of taxable income 5% between $8,300 and $12,399 of taxable income 5% between $12,400 and $20,699 of taxable income […]
— Read moreAn individual who does not own a domicile in the state of Utah is considered a nonresident. Nonresident status also applies to anyone who doesn’t maintain a home or shelter in Utah, or who has spent less than 183 days of the tax year in the state. In defining what constitutes as a “day” in […]
— Read moreIndividuals who are classified as part-year residents in the state of Oklahoma are required to file their taxes the same as residents. Part-year residents are required to file their return for the portion of the tax year when they were not a resident if they grossed over $1,000 in income from Oklahoma origins. Oklahoma sourced […]
— Read moreAnyone who earns income in the state of Nebraska, who is not a full time resident of the state, is required to file a Form 1040N alone with a Nebraska Schedule III – Computation of Nebraska Tax for Nonresidents and Partial-year Residents Only. This form requires nonresidents to report the total amount of adjusted gross […]
— Read moreIndividuals who reside in Montana for a portion of the tax year are considered part-time residents of the state. Taxpayers are considered residents the moment they establish a home within the state, and consequently lose resident status if they relinquish their home in the state and create a domicile in a different state. While you […]
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