Finally, Louisiana also has a lower income tax rate of 1.85% to 4.25%. Ohio has the second-lowest rates at 2.76% to 3.99%. The tax rates in this state fall between 1.1% and 2.9%. Other than the states that do not levy an individual income tax, North Dakota has the lowest income tax rate in the nation. Georgia Income Tax Calculator How To Use This Calculator You can use our free Georgia income tax calculator to get a good estimate of what your tax liability will be come April. States with maximum income tax rates of at least 5% but less than 6% are Rhode Island, New Mexico, Idaho, Georgia, Maryland, Virginia, Kansas, Alabama, and Mississippi. Georgia Income Tax Table Learn how marginal tax brackets work 2. States with maximum state income tax rates of at least 6% but less than 8% include Wisconsin, Maine, Washington, Connecticut, Montana, Nebraska, Delaware, South Carolina, West Virginia, and Iowa. Other states with income tax rates that exceed 8% include New Jersey, Vermont, Minnesota, Massachusetts, Washington D.C., New York, and Oregon. The lowest income tax bracket in Hawaii is 1.4%. The next highest income tax rate is found in Hawaii, where the highest bracket has a rate of 11%. The lowest tax bracket in California is 1%, which is one of the lowest in the nation. The state with the highest income tax bracket is California, which has a maximum tax rate of 13.3%. It is important to remember that this data is subject to change over time but is accurate as of March 2023. Some states have different brackets for married and single tax filers.įor the purpose of this article, we’re going to take a look at the latest marginal individual income tax rates as of 2023. For example, some states have their own deductions and exemptions, others use rates based on the federal tax code, while other states don’t allow any deductions or exemptions. These aren’t the only differences among the states when it comes to income taxes, either.
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