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

State of Arkansas Indexed Tax Brackets Tax Year 2022

2022 Indexed Tax Brackets

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

Tax Bracket Over But Not Over Percentage Minus Adjustment $0 $5,099 0.00%

$5,100 $10,299 2.00% $101.98 $10,300 $14,699 3.00% $204.97 $14,700 $24,299 3.40% $263.77 $24,300 $87,000 4.90% $628.25 $87,001 $87,100 4.90% $627.20 $87,101 $87,200 4.90% $617.20 $87,201 $87,300 4.90% $607.20 $87,301 $87,400 4.90% $597.20 $87,401 $87,600 4.90% $587.20 $87,601 $87,700 4.90% $577.20 $87,701 $87,800 4.90% $567.20 $87,801 $87,900 4.90% $557.20 $87,901 $88,000 4.90% $547.20 $88,001 $88,100 4.90% $537.20 $88,101 $88,200 4.90% $527.20 $88,201 $88,300 4.90% $517.20 $88,301 $88,400 4.90% $507.20 $88,401 $88,500 4.90% $497.20 $88,501 $88,600 4.90% $487.20 $88,601 $88,700 4.90% $477.20 $88,701 $88,800 4.90% $467.20 $88,801 $88,900 4.90% $457.20 $88,901 $89,000 4.90% $447.20 $89,001 $89,100 4.90% $437.20 $89,101 $89,200 4.90% $427.20 $89,201 $89,300 4.90% $417.20 $89,301 $89,400 4.90% $407.20 $89,401 $89,500 4.90% $397.20 $89,501 $89,600 4.90% $387.20 $89,601 $89,700 4.90% $377.20 $89,701 $89,800 4.90% $367.20 $89,801 $89,900 4.90% $357.20

State of Arkansas Indexed Tax Brackets Tax Year 2022

Over But Not Over Percentage Minus Adjustment $89,901 $90,000 4.90% $347.20 $90,001 $90,100 4.90% $337.20 $90,101 $90,200 4.90% $327.20 $90,201 $90,300 4.90% $317.20 $90,301 $90,400 4.90% $307.20 $90,401 $90,500 4.90% $297.20 $90,501 $90,600 4.90% $287.20 $90,601 $90,700 4.90% $277.20 $90,701 $90,800 4.90% $267.20 $90,801 $90,900 4.90% $257.20 $90,901 $91,100 4.90% $247.20 $91,101 $91,200 4.90% $237.20 $91,201 $91,300 4.90% $227.20 $91,301 $91,400 4.90% $217.20 $91,401 $91,500 4.90% $207.20 $91,501 $91,600 4.90% $197.20 $91,601 $91,700 4.90% $187.20 $91,701 $91,800 4.90% $177.20 $91,801 and above 4.90% $167.20

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 .049 = $3,721.55 - $628.25 = $3,093.30 rounded to $3,093.00

Tax from table: $3,093.00

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

($14,800 + $14,900)/2=$14,850 x .034 = $504.90 – $263.77 = $241.13 rounded to $241.00

Tax from table: $241.00