By The Skilled Investor, January 30, 2007, 1:32 pm
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2006 and 2007 personal income tax rates for the 50 states and D.C.

The Skilled Investor has made available for downloading a spreadsheet that contains graduated personal income tax rates and other personal income tax rate information for the 50 states and the District of Columbia.

If you want to know about specific U.S. state personal graduated income tax rates for the 50 states and the District of Columbia, The Skilled Investor has published this information. A Microsoft Excel file is now available for downloading that includes these state income tax rates for both the “single” and “married, filing jointly” filing categories. This information may be useful to you, if you are considering, for example, whether to relocate to another state for work or for retirement.

The Skilled Investor compiled this information by visiting state government tax administration and legislative websites. Typically, the information compiled came from state personal tax documents and employer withholding information documents. In some cases, the information came from legislative documents. You will find that some of the state personal income tax rate information in this file is for the 2006 tax year (28 states) and some is for the 2007 tax year (22 states and D.C.). The tax administrators of many states are currently focused on filings for the 2006 tax year, so 2007 income tax rates have not yet been posted for many states. This file also contains some notes related to which states have no income taxes, flat tax rates, graduated tax rates, or other tax structures.

We have made an effort to ensure that this tax rate information is accurate. However, if you find any inaccuracies or you can point us to state sources with updated 2007 tax year information, please let us know by using the comment function below. All comments are moderated, so your comment will not post publicly, unless you make such a request.

To download this file, go to The Skilled Investor’s Downloads page. Scroll to the bottom and select the state tax rate document. Click on the “Download” floppy disk icon and accept the disclaimer. A dialog box will open asking whether to open the file directly with Excel or to save it to your hard disk. This process should be familiar to anyone who has downloaded any website files before.

You might also want to note that the Federation of Tax Administrators provides substantial additional information on state and local taxes. However, their state income tax rate information is not as timely as this file provided by The Skilled Investor, and the FTA does not specify particular taxable income tax rate breakpoints for states with graduated income tax rates. According to the FTA website, the FTA “was organized in 1937 to improve the quality of state tax administration by providing services to state tax authorities and administrators.” To find the FTA’s state tax information go to: http://www.taxadmin.org/ and click on “State Comparisons” to the left, then “Tax Rates.” In addition to state income tax information, you will find information on sales taxes, excise taxes, and other taxes at the state level.

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