What's New

By the Numbers

Personal Income Tax Features
Range of Tax Rates 3% - 5%
Standard Deduction
  • $2,300 ($4,600 for Married Couples)
  • Personal Exemption $6,000 (Extra $2,000 for Head of Household Filers)
    Dependent Exemption $1,500
    Earned Income Tax Credit (EITC) None
    Corporate Income Tax Features
    Range of Tax Rates N/A
    Income Level at Which Top Rate Applies N/A
    Combined Reporting 3.00% - 5.00%
    Apportionment Factor (Payroll) $10,000
    Apportionment Factor (Property) No
    Apportionment Factor (Sales) 0%
    Sales Tax Features
    State Sales Tax Rate 7.00%
    Average Local Sales Tax Rate 0.05%
    Average Combined State & Local Sales Tax Rate 7.05%
    State Sales Tax Treatment of Groceries Taxed at regular rate with no offsetting relief
    Local Sales Tax Treatment of Groceries N/A
    Number of Services Taxed 72 out of 168 surveyed (2007)
    Streamlined Sales Tax Membership No
  • Sales tax holiday offered in 2014
  • Sales tax applies to some digital goods and services
  • Property Tax Features
  • Provides a significant homestead credit.
  • Levies a car tax.
  • Other Tax & Revenue Features
    Gasoline Tax Rate (per gallon) $0.188
    Diesel Tax Rate (per gallon) $0.188
    Cigarette Tax Rate (per pack) $0.68
    Estate or Inheritance Tax No
    Net Lottery Sales Per Capita N/A
    Tax Policy Oversight
    Tax Expenditure Report Yes
    Tax Incidence Analysis Capability Personal income tax only

    Last updated January 13, 2015


    State Tax & Revenue Information

    Tax Expenditure Reports

    State Statutes & Legislation

    State Tax Forms

    State Legislative Summaries