How Do I File Arkansas State Taxes?

1. TaxAct Free File. IRS Free File Delivered by TaxAct®
2. Online Taxes at OLT.com. https://www.olt.com/main/oltstateff/default.asp.
3. 1040Now – Free, Easy and Accurate. Free federal and Arkansas tax preparation & e-file for all who live in Arkansas with an Adjusted Gross Income (AGI) of $32,000 or less.
4. FreeTaxUSA.
5. TaxSlayer.

How do I file my Arkansas state tax return?

There are two main ways to file Arkansas state tax returns: by mail or online. To file by mail, full-year resident Arkansans can fill out this form. Nonresidents or part-year can fill out this form.

Do I have to file an Arkansas state tax return?

All non-residents must file a state tax return if they receive any in- come from an Arkansas source. Part-year residents must file a return if they re- ceive any income from any source while a resident of Arkansas.

Where do I get Arkansas state tax forms?

State Tax Forms
The Arkansas Department of Finance and Administration distributes Arkansas tax forms and instructions in the following ways: In Person: Arkansas Revenue Office, 206 Southwest Drive, Jonesboro, AR. Phone: Arkansas Revenue Office, 870-932-2716 (Jonesboro) 1-800-882-9275 (Little Rock)

When can I file Arkansas state taxes?

Arkansas State Income Taxes for Tax Year 2021 (January 1 – Dec. 31, 2021) can be prepared and e-Filed now along with an IRS or Federal Income Tax Return (or you can learn how to only prepare and eFile a AR state return). The Arkansas tax filing and tax payment deadline is April 18, 2022.

Does Arkansas have a state income tax form?

These 2021 forms and more are available: Arkansas Form 1000F/1000NR – Personal Income Tax Return for Residents and Nonresidents. Arkansas Form 1000-CO – Check Off Contributions Schedule. Arkansas Form AR1000ADJ – Schedule of Adjustments.

How much is the state income tax in Arkansas?

Arkansas also has a 1.0 to 5.9 percent corporate income tax rate. Arkansas has a 6.50 percent state sales tax rate, a max local sales tax rate of 6.125 percent, and an average combined state and local sales tax rate of 9.47 percent. Arkansas’s tax system ranks 44th overall on our 2022 State Business Tax Climate Index.

Who must file an Arkansas tax return?

Part year residents who received any gross income while an Arkansas resident must file a return (regardless of marital status, filing status, or amount). *Gross income is all income (before deductions) other than income specifically described as exempt on pages 9 and 10 “Exempt From Income Tax.”

How does Arkansas state income tax work?

The middle income tax table is set up for 2021 so those Arkansans pay . 75% on income up to $4,699, 2.5% on income between $4,700 and $9,199, 3.5% on income between $9,200 and $13,899, 4.5% on income between $13,900 and $22,899, 5% on income between $22,900 and $38,499 and 5.9% on income between $38,500 and $82,000.

What is the Arkansas state income tax rate for 2022?

Key Findings

Does Arkansas require a copy of federal tax return?

The Department no longer requires that a copy of federal Form 4868 be attached to your state tax return. When your Arkansas return is complete and ready to file, simply check the box on the face of the return indicating you filed a federal extension.

Is Social Security taxable in Arkansas?

For instance, Arkansas exempts Social Security benefits and up to $6,000 of retirement income from its state income tax. And, as a plus for veterans, all military pension income is tax-exempt.

Do I owe state taxes in Arkansas?

The state of Arkansas requires you to pay taxes if you’re a resident or nonresident that receives income from an Arkansas source. The state income tax rates range up to 5.9%, and the sales tax rate is 6.5%.

How long does it take for Arkansas State tax Refund?

If you e-filed, your refund should be issued within twenty-one business days after acknowledgment of the receipt of the return. The average processing time for a complete paper tax return is up to 10 weeks from the time you mailed it. Please allow 10 weeks from the date you filed before calling.

Do I qualify for low income tax rates in Arkansas?

You may use the Low-Income Tax Table if your adjusted gross income falls below the following amounts for your filing status: Filing Status 1 – Single: total gross income cannot be greater than $15,200. Filing Status 3 – Head of Household with One or No Dependents: total gross income cannot be greater than $22,000.

At what age do you stop paying property taxes in Arkansas?

Age 65 or Disabled Homeowner Property Tax Relief
If a person who is age 65 or older or who is disabled purchases a homestead property, the taxable assessed value of the residence can be frozen as of the date of purchase. Eligible homeowners must apply for the “freeze” with the county assessor’s office.

How much income tax do I owe Arkansas?

Arkansas collects income taxes from its residents at the following rates. 0.9% on the first $4,299 of taxable income. 2.4% on taxable income between $4,300 and $8,399. 3.4% on taxable income between $8,400 and $12,699.

Is retirement income taxed in Arkansas?

The state of Arkansas charges an Individual Income Tax that applies to most forms of retirement income. The only retirement-income sources that are not are subject to income tax in Arkansas are Social Security and railroad retirement benefits. There is a $6,000 deduction on employer sponsored pension plans in Arkansas.

How do I know what tax bracket I am in?

You can calculate the tax bracket you fall into by dividing your income that will be taxed into each applicable bracket. Each bracket has its own tax rate. The bracket you are in also depends on your filing status: if you’re a single filer, married filing jointly, married filing separately or head of household.

What states have no income tax?

Only seven states have no personal income tax:

• Wyoming.
• Washington.
• Texas.
• South Dakota.
• Nevada.
• Florida.
• Alaska.