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This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico.
State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the state level.
For federal income tax, interest income on state and local bonds is exempt, while few states exempt any interest income except from municipalities within that state. In addition, certain types of receipts, such as gifts and inheritances, and certain types of benefits, such as employer-provided health insurance, are excluded from income.
Here’s a list of the states that don’t tax Social Security. ... Single filers with an adjusted gross income of $50,000 or less can now receive full exemption from paying state taxes on their ...
Colorado, for example, allows taxpayers 55 and older to subtract some of their Social Security income, while Kansas provides a total exemption for taxpayers earning less than $75,000, regardless ...
The list below provides an overview of each state’s income tax structure. Use it to compare flat-rate income taxes and graduated-rate income taxes in different states.
Some state and local income tax rates are flat (single rate), and some are graduated. State and local definitions of what income is taxable vary highly. Some states incorporate the federal definitions by reference. Taxable income is defined separately and differently for individuals and corporations in some jurisdictions.
Alaska. With the lowest tax burden of all 50 states and an impressive return on public spending, Alaska is the place to be for angry libertarians and other tax-averse Americans.