Utah income tax rate
Since tax year 2008, the Utah individual income tax rate is a single rate of 5% for all income levels. Instructions and tax rates for previous years can be found at: Since tax year 2008, the Utah individual income tax rate is a single rate of 5% for all income levels. Instructions and tax rates for previous years can be found at: 1  Tax Year 2006 and prior (use TC-40 instructions). Since tax year 2008, the Utah individual income tax rate is a single rate of 5% for all income levels. The tax table below will show in detail the Utah state income tax rates by income tax bracket(s). There are 1 income tax brackets for Utah. If your income range is $0 and over, your tax rate on every dollar of income earned is 5%. Income tax brackets data last updated March 3rd, 2009. Utah's corporate income tax system consists of a flat rate of 5%. That rate ranks 12th lowest among states levying a corporate income tax. Utah's state and local corporate income tax collections per person were $91 in 2012 which ranked 14th lowest nationally. Utah collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. Unlike the Federal Income Tax, Utah's state income tax does not provide couples filing jointly with expanded income tax brackets. Notably, Utah has the highest maximum marginal tax bracket in the United States. 20 14 - 20 15. Utah has two marginal tax brackets, ranging from 5.00% (the lowest Utah tax bracket) to 5.00% (the highest Utah tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket, which are the same in Utah for single filers and couples filing jointly. Utah has two marginal tax brackets, ranging from 5.00% (the lowest Utah tax bracket) to 5.00% (the highest Utah tax bracket). Each marginal rate only applies to earnings within the applicable marginal tax bracket, which are the same in Utah for single filers and couples filing jointly. The tax table below will show in detail the Utah state income tax rates by income tax bracket(s). There are 1 income tax brackets for Utah. Utah's Individual Income Tax System. Utah's personal income tax system consists of a flat rate of 5%. That rate ranks 20th lowest among states levying an individual income tax. Utah's state and local income tax collections per person were $870 in 2012 which ranked 22nd lowest nationally.
5%