Arkansas tax return forms are available on the Arkansas tax forms page or the Arkansas Department of Revenue.Please contact us if any of our Arkansas tax data is incorrect or out of date. The Arkansas tax brackets on this page were last updated from the Arkansas Department of Revenue in 2023.States often adjust their tax brackets on a yearly basis, so make sure to check back later for Arkansas' updated tax year 2024 tax brackets! The Arkansas tax brackets on this page have been updated for tax year 2023, and are the latest brackets available. Is info on this page missing or out-of-date? Please let us know so we can fix it!

Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide.ĭisclaimer: While we do our best to keep this list of Arkansas income tax rates up to date and complete, we cannot be held liable for errors or omissions. The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than Arkansas' and may have different rules. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support. The Personal Exemption, which is supported by the Arkansas income tax, is an additional deduction you can take if you (and not someone else) are primarily responsible for your own living expenses. The standard deduction, which Arkansas has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. * Note: Arkansas is different from other states in that it treats personal exemptions state tax exemptions as tax credits - which means that instead of deducting an amount from taxable income, the exemptions reduce your actual tax liability after it has been calculated. Remember that Arkansas may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your Arkansas income tax return. Qualifying deductions might include an itemized deduction, the Arkansas standard deduction, exemptions for dependants, business expenses, etc. When calculating your Arkansas income tax, keep in mind that the Arkansas state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions. Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits.įor a more detailed estimate that takes these factors into account, click 'View Detailed Estimate' (this will will redirect to an external website). You can use the income tax estimator to the left to calculate your approximate Arkansas and Federal income tax based on the most recent tax brackets. The Federal Income Tax, by contrast, has different tax brackets for Single, Married Filing Jointly, and Head of Household taxpayers.

, which are the same in Arkansas for single filers and couples filing jointly. Each marginal rate only applies to earnings within the applicable marginal tax bracket Both Arkansas' tax brackets and the associated tax rates were last changed two years ago in 2021.Īrkansas' tax brackets are indexed for inflation, and are updated yearly to reflect changes in cost of living.Īrkansas has three marginal tax brackets, ranging from 2% (the lowest Arkansas tax bracket) to 4.9% (the highest Arkansas tax bracket).

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