STATE OF ARKANSAS Department of Finance and Administration

REVENUE DIVISION Individual Income Tax Ledbetter Building, Room 2300 7th and Wolfe Streets Post Office Box 3628 Little Rock, Arkansas 72203-3628 Phone: (501) 682-1100 Fax: (501) 682-7692 www.dfa.arkansas.gov

2021 Indexed Tax Brackets

The new indexed tax tables are based on the following brackets:

If you use a formula to calculate Arkansas income tax, the results must match the table exactly. The calculations in the table are made at the midpoint of each income level.

EXAMPLE 1: For income level $75,900 to $76,000.

($75,900+$76,000)/2=$75,950 x .059 = $4,481.05 - $797.25 = $3,683.80 rounded to $3,684.00

Tax from table: $3,684.00

EXAMPLE 2: For income level $14,800 to $14,900.

($14,800 + $14,900)/2=$14,850 x .034 = $504.90 – $248.17 = $256.73 rounded to $257.00

Tax from table: $257.00

At Least But Not More Than Tax Rate $0 $4,799 0% $4,800 $9,499 2.0% minus $95.98 $9,500 $14,299 3.0% minus $190.97 $14,300 $23,599 3.4% minus $248.17 $23,600 $39,699 5.0% minus $439.96 $39,700 $84,500 5.9% minus $797.25 $84,501 $85,500 5.9% minus $687.50 $85,501 $86,500 5.9% minus $587.50 $86,501 $87,900 5.9% minus $487.50 $87,901 $89,000 5.9% minus $387.50 $89,001 $90,100 5.9% minus $287.50 $90,101 and above 5.9% minus $247.50