Alaska Income Tax Calculator

Disclaimer: This is a basic estimate for Tax Year 2024 for informational purposes ONLY. Alaska has no state income tax. It does not account for all credits or complexities and is not tax advice. Visit the official Alaska Department of Revenue.

Understanding Alaska Taxes (2024)

Alaska does not have a state income tax. This calculator helps you estimate your take-home pay by considering federal and FICA taxes only.

Alaska State Income Tax

Alaska does not levy a state income tax on individuals. Residents are only subject to federal and FICA taxes.

Local Taxes

Some Alaska municipalities may impose local sales taxes, but there are no local income taxes.

Federal Income Tax

Federal income tax is based on federal tax brackets, your filing status, deductions (standard or itemized), and allowances claimed on your W-4. Pre-tax deductions like 401(k) or HSA contributions reduce your federal taxable income.

FICA Taxes (Social Security & Medicare)

FICA taxes fund Social Security and Medicare. These are typically withheld by employers.

Social Security: 6.2% on income up to the annual limit ($168,600 for 2024).
Medicare: 1.45% on all income. An additional 0.9% Medicare tax applies to income above certain thresholds ($200,000 for Single, $250,000 for MFJ).

Other Alaska Taxes (Not Calculated Here)

While this calculator focuses on income taxes, be aware of other taxes in Alaska:

Sales Tax: Alaska has no state sales tax, but local rates can be up to 7% in some areas.
Property Tax: Property taxes are levied by local governments and vary by location.

Disclaimer: This information is for general guidance for the 2024 tax year and is not tax advice. Consult a tax professional for personalized advice.

Alaska Income Tax Calculator (2024)