Personal income tax
With the 2008 tax year, Utah eliminated its traditional tax method of multiple brackets and now collects a flat 5 percent income tax from its residents.
Most taxpayers will be able to claim one or more new nonrefundable credits, including a taxpayer tax credit and a retirement tax credit.
Utah tax returns are due April 15 or the next business day if that date falls on a weekend or holiday.
On Oct. 6, 2014, the U.S. Supreme Court let stand a Utah federal appeals court ruling that allows same-sex marriage. Therefore, same-sex marriages are valid in Utah and legally married same-sex couples must file their 2014 Utah returns using the same filing status as on their federal returns.
Utah's state sales tax, effective Jan. 1, 2009, is 4.7 percent.
The state's sales tax on food and food ingredients is 3 percent. The Utah State Tax Commission's website has more information, including a flow chart and product list.
There is a uniform 1 percent local sales tax rate. Utah cities and counties levy additional local sales taxes that vary among the municipalities.
Personal and real property taxes
Property taxes are assessed and collected locally. Utah's website has information on property tax rates.
The taxable value of a property is 100 percent of its fair market value, minus any exemptions that may be permitted. For example, the Utah Constitution permits the Legislature to exempt up to 45 percent of the fair market value of primary residential property from property taxation. Example: A primary residence with a fair market value of $100,000 would be valued for property tax purposes, at $55,000.
Prior to May 22 each year, county assessors ascertain the names of the owners of all property and assess the property based on its value on Jan. 1 of each tax year.
In order to value personal property, the Utah State Tax Commission provides a number of personal property classification categories, which are used by all county assessors in Utah. The Commission's website provides details on Utah's personal property taxation system.
The Utah State Tax Commission Property Tax Division administers a variety of exemptions of real and personal property from taxation.
Inheritance and estate taxes
Utah does not impose an inheritance tax.
Because of the phaseout of the federal estate tax credit, Utah's estate tax is not imposed on estates of persons who died in 2005 or thereafter.
Other Utah tax facts
Utah taxpayers can choose from a variety of nonprofit groups to which they can make contributions via their tax returns.
A Utah resident who donates an organ may claim a tax credit for up to $10,000 of qualified expenses incurred for the donation of human bone marrow or any part of an intestine, kidney, liver, lung or pancreas for transplantation in another individual. Qualified expenses include taxpayer expenses for travel and lodging as well as any unreimbursed lost wages.
Utah has its own Taxpayer Advocate Service that helps people who have been unable to successfully resolve a state tax issue for more than 45 days or by the date promised. The Advocate's office can be reached by phone at (801) 297-7562 or email at email@example.com.