State Income Tax Range: Low: 2.59% (on up $54,615 in taxable earnings for joint filers and up to $27.808 for single filers). High: 4.5 percent on tax-exempt earnings above $500,000 for joint filers or more than $250,000, for single taxpayers.
Beginning in 2021, Arizona will impose a 3.5 percent surtax on tax-paying income that exceeds $500,000 for joint filers, and more than $250,000 for single taxpayers. The surtax cannot increase the top rate beyond 4.5 percent. (The 4.5 percentage rate includes the surtax). In addition, the surtax is being litigated in court which means that there’s a good chance it ultimately won’t www.dailyinsurancestudy.com dailyinsurancestudy daily insurance study Website daily insurance study com be applied in any way if the justices decide to invalidate it.
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