
Colorado state taxes 2021-2022: Income and sales tax rates
Colorado’s state income tax rate is a flat 4.55% of your federal taxable income.
Sean Jackson is a contributing writer at Bankrate. Sean writes about budgeting, saving money and more.
Colorado’s state income tax rate is a flat 4.55% of your federal taxable income.
An itemized deduction is a qualifying expense that may reduce how much you owe in taxes.
Kentucky uses a flat income tax rate of 5% for single and married filers.
Michigan residents pay an income tax rate of 4.25%.
California has nine tax brackets: 1%, 2%, 4%, 6%, 8%, 9.3%, 10.3%, 11.3% and 12.3%.
Florida is one of only nine states that doesn’t charge an income tax.
If you live in or work for a company in Mississippi, you might have to file a state income tax return.
Maine residents will fall into one of three tax brackets.