![]() ![]() That is a combined average state and local sales tax rate of 8.37. An individual's tax liability varies according to his or her tax bracket. Snuff, fine-cut chewing, and smoking tobacco: $0. Tax Bracket: A tax bracket refers to a range of incomes subject to a certain income tax rate. Arizona's local sales tax rate is capped at 5.3, according to the Tax Foundation. The personal income tax rates in Arizona for the 2015 tax year ranged from 2.59 percent to 4.54 percent. ![]() Arizona: Taxes on Alcohol and TobaccoĬigarettes: $2 per pack of 20 cigarettes (.10 cents per cigarette). Tax Rate Table Arizona Department of Revenue Tax Rate Table Business codes, region codes, and city codes can be found on the tax rate table. The tax is generally 26 cents per gallon, but it is 18 cents per gallon for light vehicles like pickup trucks. These reductions in tax revenue due to lower tax rates are being made up by transfers from the general. In 2018, the top 50 percent of all taxpayers paid 97.1 percent of all individual income taxes, while the bottom 50 percent paid the remaining 2.9 percent. Arizona Motor Fuel (Gas) Taxesĭiesel: Diesel is taxed at two rates in Arizona. For 20, the OASDI tax rate is reduced by 2 percentage points for employees and for self-employed workers, resulting in a 4.2 percent effective tax rate for employees and a 10.4 percent effective tax rate for self-employed workers. Since 2001, the share of federal income taxes paid by the top 1 percent increased from 33.2 percent to a new high of 40.1 percent in 2018. ![]() It can also potentially be renewed after three years.Īrizona Property Tax Credit: Arizona offers a property tax credit against Arizona income taxes for homeowners or renters age 65 or older with a total household income less than $3,751 for seniors who live alone or less than $5,501 for older adults, age 65 or older, who live with someone. Arizona tax rates for married filing jointly or head of household Tax rate: Taxable income bracket: Taxes owed: 2.59: 0-54544: 2. If approved, the valuation freeze last three years. The program is generally available if you are age 65 years or older. "Senior Freeze": Arizona offers what is called a Senior Valuation Protection Option, which is also known as a "Senior Freeze." This option freezes an eligible homeowner's property valuation if they apply and meet certain requirements. ![]()
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