North Dakota Income Tax Calculator
Understanding North Dakota Taxes (2024)
Calculating your North Dakota taxes involves understanding the state's progressive tax system, federal obligations, and FICA contributions. This calculator helps you estimate your take-home pay by considering these key components.
North Dakota State Income Tax
North Dakota has a progressive income tax system with five tax brackets for 2024, ranging from 1.1% to 2.9% depending on your income.
- Tax Brackets: North Dakota has five tax brackets with rates of 1.1%, 2.04%, 2.27%, 2.6%, and 2.9%.
- Low Tax Rates: North Dakota has some of the lowest state income tax rates in the country among states that tax income.
- Taxable Income: North Dakota's starting point is your federal adjusted gross income (AGI) with North Dakota-specific adjustments.
- Standard Deduction: North Dakota follows the federal standard deduction amounts: $14,100 for Single and Married Filing Separately, $28,200 for Married Filing Jointly, $21,150 for Head of Household (2024).
- Tax Credits: North Dakota offers various credits including the child care credit and marriage penalty credit, which this calculator simplifies.
Local Taxes
North Dakota does not have local income taxes. The state income tax is the only income tax that North Dakota residents pay to the state.
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 North Dakota Taxes (Not Calculated Here)
While this calculator focuses on income taxes, be aware of other taxes in North Dakota:
- Sales Tax: North Dakota has a state sales tax of 5%, with additional local sales taxes that can push the total rate to 8% in some areas.
- Property Tax: Property taxes in North Dakota are administered at the local level and are generally lower than the national average.
- No Estate/Inheritance Tax: North Dakota does not have estate or inheritance taxes.
Disclaimer: This information is for general guidance for the 2024 tax year and is not tax advice. Consult a tax professional for personalized advice.