What are the income tax rates for Idaho?
The income tax rates for Idaho vary depending on the individual's income level and filing status. As of 2021, Idaho follows a progressive tax system with eight tax brackets. For single filers, the rates range from 1.125% for the lowest income bracket to 6.925% for the highest income bracket. Married couples filing jointly and heads of household have slightly different tax rates, with brackets ranging from 1.125% to 6.925% as well. These rates are subject to change, so it is essential to stay updated on the latest tax laws and rates. It is recommended to consult the Idaho State Tax Commission's website or seek professional tax advice for accurate and personalized tax rate information.
Answered May 3, 2024
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