Arkansas Income Tax Rate 2024 - 2025
Arkansas state income tax rate table for the 2024 - 2025 filing season has two income tax brackets with AR tax rates of 2% and 3.9% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. Effective January 1, 2024 the top marginal tax rate has decreased from 4.4% to 3.9%. This change eliminated the top tax bracket reducing the count from three brackets to just two.
The Arkansas tax rate has been decreasing each year since 2016 and the number of brackets have been decreasing as well. Outlook for the 2025 Arkansas income tax rate is for the continued consolidation of brackets and further rate adjustments. Arkansas income tax rate and tax brackets shown in the table below are based on income earned between January 1, 2024 through December 31, 2024.
Income Tax Bracket | Tax Rate 2024 | ||
---|---|---|---|
$0 | to | $4,500 | 2% |
$4,501 | to | ∞ | 3.9% |
Income Tax Bracket | Tax Rate 2024 | ||
---|---|---|---|
$0 | to | $4,500 | 2% |
$4,501 | to | ∞ | 3.9% |
Income Tax Bracket | Tax Rate 2024 | ||
---|---|---|---|
$0 | to | $4,500 | 2% |
$4,501 | to | ∞ | 3.9% |
Income Tax Bracket | Tax Rate 2024 | ||
---|---|---|---|
$0 | to | $4,500 | 2% |
$4,501 | to | ∞ | 3.9% |
Source: 2024 Income Tax Brackets, published by the Arkansas Department of Finance and Administration.
Please reference the Arkansas tax forms and instructions booklet published by the Arkansas Department of Finance and Administration to determine if you owe state income tax or are due a state income tax refund. Arkansas income tax forms are generally published at the end of each calendar year, which will include any last minute 2024 - 2025 legislative changes to the AR tax rate or tax brackets. The Arkansas income tax rate tables and tax brackets shown on this web page are for illustration purposes only.
Arkansas Tax Brackets 2024 - 2025
Looking at the tax rate and tax brackets shown in the tables above for Arkansas, we can see that Arkansas collects individual income taxes similarly for Single versus Married filing statuses, for example. We can also see the progressive nature of Arkansas state income tax rates from the lowest AR tax rate bracket of 2% to the highest AR tax rate bracket of 3.9%.
For single taxpayers living and working in the state of Arkansas:
- Tax rate of 2% on the first $4,500 of taxable income.
- Tax rate of 3.9% on taxable income over $4,500.
For married taxpayers living and working in the state of Arkansas:
- Tax rate of 2% on the first $4,500 of taxable income.
- Tax rate of 3.9% on taxable income over $4,500.
For the Single, Married Filing Jointly, Married Filing Separately, and Head of Household filing statuses, the AR tax rates remain the same. Notice also that the Arkansas tax brackets for Single, Married Filing Jointly, Head of Household, and Married Filing Separately filing statuses are the same in the state of Arkansas.
Last updated: December 5, 2024
References:
- Income Tax Rate for Individuals with a Net Income Greater Than $84,500. Personal Income Tax, Arkansas Economic Development Commission. Retrieved December 5, 2024.
- What do Arkansas latest tax cuts look like for the average taxpayer. Arkansas Advocate, State Taxes. Retrieved December 5, 2024.
- House Bill 1001. State of Arkansas, 94th General Assembly. Retrieved December 5, 2024.