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Az tax tables 2020
Az tax tables 2020












az tax tables 2020 az tax tables 2020

These numbers are subject to change if new Arizona tax tables are released. Before the official 2023 Arizona income tax brackets are released, the brackets used on this page are an estimate based on the previous year's brackets.Arizona tax return forms are available on the Arizona tax forms page or the Arizona Department of Revenue.Please contact us if any of our Arizona tax data is incorrect or out of date. The Arizona tax brackets on this page were last updated from the Arizona Department of Revenue in 2022.States often adjust their tax brackets on a yearly basis, so make sure to check back later for Arizona's updated tax year 2023 tax brackets! The Arizona tax brackets on this page have been updated for tax year 2022, 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 Is info on this page missing or out-of-date?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 Arizona 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 Arizona's 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 not supported by the Arizona 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 Arizona has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction.Įssentially, it translates to $13,850.00 per year of tax-free income for single Arizona taxpayers, and $27,700.00 for those filing jointly. The current values of these deductions for tax year 2022 are as follows: The three most common deductions encountered by taxpayers are the Arizona Standard Deduction, the Arizona Personal Exemption, and the Arizona Dependent Deduction. In addition to marginal tax brackets, one of the major features of the Arizona income tax is deductions. Remember that Arizona 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 Arizona income tax return. Qualifying deductions might include an itemized deduction, the Arizona standard deduction, exemptions for dependants, business expenses, etc. When calculating your Arizona income tax, keep in mind that the Arizona 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 Arizona and Federal income tax based on the most recent tax brackets.














Az tax tables 2020