You can also use the map to navigate to our state tax guides which include detailed information about income, sales, property, gasoline, estate, and other taxes that impact retirees in each of the ...

Washington collects a 7% tax on capital gains income over $250,000. Tennessee fully repealed its state income tax on income earned from interest and dividends in 2021.

The cut is part of the state's goal to lower its flat individual income tax rate to 2.9 percent by January 1, 2027.

Taxation on Social Security benefits can significantly affect retirees' net income, influencing their choice of residence and overall financial planning. Colorado, Connecticut, Minnesota, Montana, New ...

In Alaska, the total tax burden, measured as percentage of income, was 4.93 percent—the lowest of all 50 states. But the state scored 35 in affordability, with 1 being the best, mainly because ...

Understand state income tax rates across the U.S. This guide covers the various types of state income taxes and rates and how to find your state's specific tax information.

Meanwhile, 12 states earned either a D or F grade for tax burdens. For some of those states, like Oregon, high personal income tax rates are to blame. In others, like Illinois, high property taxes ...

The state added a 4% surtax to the 5% individual income tax rate for annual income above $1 million. You can also find a millionaire's tax in California, New Jersey, New York, and the District of ...

The table below shows the highest tax rates in each state in 2020 that could apply to ordinary income you earn. And remember: These income tax rates differ in some cases from what states charge ...

In Missouri, the income tax rate was lowered to 4.7 percent from the previous 4.8 percent, as part of a series of multiyear tax cuts initiated in 2022 under SB3 and SB5, which allowed for a 0.1 ...