What are the individual income tax rates and brackets?
For taxable periods beginning on or after January 1, 2025, the individual income tax rate is a flat 3%. The graduated brackets and rates for income tax have been repealed.
Rates applicable to taxpayers with a filing status of single, married filing separately, or head of household:
Taxable Income | Tax Years 2009-2021 | Tax Years 2022-2024 | Tax Years 2025 and After |
---|---|---|---|
$0 - $12,500 1 | 2.00% | 1.85% | 3% |
$12,501 - $50,000 | 4.00% | 3.50% | 3% |
$50,001 and over | 6.00% | 4.25% | 3% |
Rates applicable to taxpayers with a filing status of married filing jointly or qualified surviving spouse:
Taxable Income | Tax Years 2009-2021 | Tax Years 2022-2024 | Tax Years 2025 and After |
---|---|---|---|
$0 - $25,000 2 | 2.00% | 1.85% | 3% |
$25,001 - $100,000 | 4.00% | 3.50% | 3% |
$100,001 and over | 6.00% | 4.25% | 3% |