by OverviewFX | Mar 1, 2025 | taxes
Delaware’s state income tax follows a graduated structure, meaning your tax rate increases as your income rises. The state has several tax brackets, ranging from 0% and 2.2% for lower-income earners to 6.6% for those with higher taxable incomes. In comparison, New...
by OverviewFX | Mar 1, 2025 | taxes
Iowa’s state income tax has a structure of three tax brackets for the 2024 tax year (the taxes you file in 2025). These brackets range from 4.4% to 5.7%. Your tax rate varies based on income level and filing status, with higher-income individuals falling into higher...
by OverviewFX | Mar 1, 2025 | taxes
North Carolina has a flat state income tax rate of 4.5%. This makes it similar to states like Arizona, which also don’t have tax brackets. The fixed rate applies to all individual taxpayers regardless of income level, making tax calculations more predictable. North...
by OverviewFX | Mar 1, 2025 | taxes
New York State has nine tax brackets for the 2024 tax year (the taxes you file in 2025), ranging from 4% to 10.9%. Factors such as your income, filing status, deductions, and credits will affect how much you owe. If you’re a resident of New York City or Yonkers, you...
by OverviewFX | Mar 1, 2025 | taxes
Kentucky keeps things straightforward with a flat state income tax rate of 4% for the 2024 tax year (the taxes you’ll file in 2025). This single-rate system simplifies tax filing, as everyone who must file a Kentucky state return pays the same percentage no matter how...
by OverviewFX | Mar 1, 2025 | taxes
Kansas has a simple progressive state income tax structure with rates ranging from 5.2% to 5.58% for the 2024 tax year (the taxes you’ll file in 2025). The total amount of taxes you owe to Kansas depends on several things. Your filing status determines your tax...
