Search results
Results From The WOW.Com Content Network
Departmental Notice #1. Effective Oct. 1, 2024 (R44 / 09-24) Important Note: The rates in this notice are effective for withholding purposes for periods beginning on or after Oct. 1, 2024. How to Compute Withholding for State and County Income Tax.
Under SB 419, and effective January 1, 2024, an employer is not required to withhold state or county income tax on the wages of employees who will work in Indiana for 30 days or less during the tax year.
The Indiana Individual adjusted gross income tax rate for 2023 is 3.15% and will adjust in 2024 to 3.05%. County income tax rates may be adjusted in January and October. Departmental Notice #1 contains the most recent county income tax rate chart for withholding.
Explore the Indiana Department of Revenue (DOR)'s interactive county tax rate map. Click on a county, and see which tax rates are in effect there.
The Indiana Department of Revenue has updated its list of Indiana counties that have adopted income taxes with rate changes for Allen, Blackford, Crawford, Floyd, Howard, Jefferson, Ohio, Pike, Posey, Putnam, Ripley, and Steuben Counties.
2024 Tax Calculator for Indiana. The 2024 tax rates and thresholds for both the Indiana State Tax Tables and Federal Tax Tables are comprehensively integrated into the Indiana Tax Calculator for 2024. This tool is freely available and is designed to help you accurately estimate your 2025 tax return.
2024 Indiana local income taxes We have information on the local income tax rates in 91 localities in Indiana. You can click on any city or county for more details, including the nonresident income tax rate and tax forms.
Effective October 1, 2024, the Indiana Department of Revenue (DOR) revised Departmental Notice No. 1, How to Compute Withholding for State and County Income Tax. Four counties have income tax rate changes: Decatur – 0.0245, decreasing from 0.025; Fayette – 0.0282, increasing from 0.0257; Fulton – 0.0288, increasing from 0.0268
The following Indiana counties changed their county income tax rates effective for wages paid on or after October 1, 2024. Decatur – 2.45% (decrease) Fayette – 2.82%. Fulton – 2.88%.
The average income tax rate for counties and large municipalities is 1.16% (according to the Tax Foundation, weighted by income). The Indiana personal exemption includes a $1,500 additional exemption for dependent children (the exemption for non-minor dependents is $1,000).