Arkansas Income Tax Calculator (2024)

Estimate your take-home pay and all taxes in Arkansas for 2024!
Our AR Income Tax Calculator provides a fast, accurate breakdown of your federal, Arkansas state, and FICA taxes, including deductions, dependents, and pay frequency. Instantly see your annual and per-paycheck results, interactive charts, and a transparent calculation process.
This tool gives you clarity on your net pay and tax obligations. Updated for 2024 brackets and rules.

Arkansas Income Tax Calculator

Calculating for Tax Year 2024
Disclaimer: This is a basic estimate for Tax Year 2024 for informational purposes ONLY. It uses standard deductions or your itemized estimate and limited filing statuses. It does not account for all credits or complexities and is not tax advice. Visit the official Arkansas Department of Finance and Administration.

Understanding Arkansas Taxes (2024)

Calculating your Arkansas taxes involves state, federal, and FICA (Social Security & Medicare) taxes. This calculator helps you estimate your take-home pay by considering these key components.

Arkansas State Income Tax

Arkansas has moved to a flat tax structure for 2024 with a rate of 4.4% for all income levels. This is part of a progressive reduction in the state income tax rate that began in recent years.

  • Taxable Income: Your state taxable income is your federal AGI minus state deductions and exemptions.
  • Standard Deduction (2024): $3,000 for Single, $6,000 for Married Filing Jointly, $5,100 for Head of Household.
  • Personal Exemption: Arkansas provides a small per-dependent credit.
  • Tax Rate: The calculator uses the official 2024 Arkansas flat tax rate of 4.4%.

Local Taxes

Arkansas does not have local income taxes. Cities and counties primarily rely on property taxes and sales taxes for their revenue.

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 Arkansas Taxes (Not Calculated Here)

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

  • Sales Tax: Arkansas has a 6.5% state sales tax, with additional city and county taxes that can bring the total to around 9-11% in some areas.
  • Property Tax: Arkansas has relatively low property taxes compared to other states, with an average effective property tax rate of about 0.62%.

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