Monthly Archives: February 2015
Oregon residents are able to deduct their some or even all of the amount they paid in federal taxes from their state taxable income. There are four tax rates assessed based on income, and range from 5% to 9.9%. Oregon uses a four bracket system to determine how residents should be taxed. Single and Married […]
— Read moreOklahoma assess income tax rates based off of income and filing status of taxpayers. The income tax rate for the state of Oklahoma ranges between the low of .05% to a high of 5.25%. Use the following list to determine your tax rate. Single and Married Filing Separately: 0.5% applied to the first $1,000 of […]
— Read moreState income tax is determine based on five different income brackets in North Dakota, at rates ranging from 1.51% to 3.99%. Single Taxpayers Single taxpayers and married couples filing separately are taxed at the following rates: 1.22 % on the first $36,250 of taxable income 2.27 % applied to taxable income between $36,251 and $87,850 […]
— Read moreAcross the state of New Mexico, taxpayers are assessed a state income tax rate varying from 1.7% to 4.9% across four separate brackets based on graduating income and filing status. Single and Married Filing Separately: 1.7% tax rate on the first $5,500 of income that is taxed 3.2% between $5,501 and $11,000 of taxable income […]
— Read moreNebraska’s State Income Tax Individual tax rates for Nebraska State income tax are assess over four different income brackets, and vary from 2.56% to 6.84%. Recently, the top two income brackets have been increased. Single taxpayers can expect the following rates: 2.56 % on the first $2,400 of taxable income. 3.57 % between $2,401 and […]
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