TAX RATE RANGE | |||
(in percents) | |||
Low | High | ||
CALIFORNIA (a) | 1.0 | 12.3 | |
NEW YORK | 4.0 | – | 8.82 |
DIST. OF COLUMBIA | 4.0 | – | 8.95 |
MICHIGAN (a) | 4.25 | ||
COLORADO | 4.63 | ||
OREGON (a) | 5.0 | – | 9.9 |
ILLINOIS | 5.0 | ||
UTAH | 5.0 | ||
MASSACHUSETTS (a) | 5.20 | ||
MINNESOTA (a) | 5.35 | – | 9.85 |
NORTH CAROLINA | 5.8 |
ALASKA | No State Income Tax | ||||
FLORIDA | No State Income Tax | ||||
SOUTH DAKOTA | No State Income Tax | ||||
TEXAS | No State Income Tax | ||||
WASHINGTON | No State Income Tax | ||||
WYOMING | No State Income Tax | ||||
NEVADA | No State Income Tax | ||||
TENNESSEE | State Income Tax of 6% on Dividends and Interest Income Only | ||||
NEW HAMPSHIRE | State Income Tax of 5% on Dividends and Interest Income Only |
———————————
Free 30min phone chat with a sr financial advisor at Harding Financial to help you reduce income taxes using a business structure and financial strategies, connie.dellobuono@hardingfinancial.com or conniedbuono@gmail.com 408-854-1883
Make 2014 and 2015 be the year to protect your wealth and secure your retirement.
Connie Dello Buono
Jr Financial Advisor
hardingfinancial.com
