Utah Married Filing Separately Tax Brackets Tax Bracket Utah Married Filing Jointly Tax Brackets Tax Bracket Utah 2023 Income Tax Brackets by Filing Status Utah Single Tax Brackets Tax Bracket Many states also offer credits for families with children, charitable contributions, and environmental initiatives, for example. Utah, as with other states, often allow taxpayers to make additions and subtractions to their federal taxable income. The actual amount of income tax you will pay in the state of Utah will vary. To calculate the effective income tax rate for the state of Utah, we simply divide the previously calculated income tax estimate by our initial $70,000 in wages. Therefore, we can go ahead and multiply our wages by the 2023 Utah tax rate of 4.65%. The state of Utah does not have a standard deduction or personal exemption. Utah Form TC-40 begins with federal adjusted gross income, 1040 Line 11. To simplify and standardize the calculation across states, we assume the taxpayer has only income from Wages, salaries, tips, etc Line 1 on federal Form 1040. Utah Income Tax Calculation For $70,000 In Wages Outlook for the 2024 Utah income tax rate is to remain unchanged at 4.65%. Then in 2018 the rate decreased from 5% to 4.95% percent where it remained through 2021.įor tax year 2022 the Utah income tax rate was reduced further to 4.85%.Īnd once again for the 2023 income tax year Utah decreased the state income tax rate to 4.65%. The Utah tax rate was steady at 5% from 2008 to 2017. The marginal tax rate in Utah for 2023 is 4.65%.

Utah tax rate calculation for a Single taxpayer with $70,000 in wages, salaries, tips, etc.

Individual taxpayers will submit both their federal tax forms and state tax forms by April 15, 2024. The Utah tax rate and tax brackets tabulated below are based on income earned between Januthrough December 31, 2023. Utah has one individual income tax bracket with a flat rate of 4.65%.īelow you will find 2023 Utah tax brackets and tax rates for all four UT filing statuses.

2021 utah income tax brackets