Arkansas Department Of Revenue,
Arkansas Tax
Arkansas Business Corporate Tax, Arkansas Personal Income Tax, Arkansas Sales Tax Rates
What are the Arkansas corporate net income tax rates?
0-3,000 1%
3,001-6,000 2%
6,001-11,000 3%
11,001 + 4.3%
What are the Arkansas personal net income tax rates?
Arkansas uses two separate tax tables, the first for those earning equal to or under $92,300 and the second for those earning over $92,300. For those earning $92,300 and under:
$0-$5,300 0%
$5,301-$10,600 2.0%
$10,601-$15,100 3.0%
$15,101-$25,000 3.4%
$25,001 + 3.9%
What is the average Arkansas sales tax rate?
9.48%. The state has a 6.5% tax, but the average local tax is 2.98% making a total of 9.48%.
Are there standard deductions?
Single: $2,340
Joint: $4,680
Are there personal exemptions?
Single: $23
Dependents: $23
What forms do you file for your Arkansas taxes?
C corporations: Form AR1100CT
S corporations: Form AR1100S
Partnerships: Form AR1050
Individual: Form AR1000
Estimated tax payments?
Arkansas follows the IRS standards for estimated payments. If you will owe $1000 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won’t make as much in the current year.
Arkansas Department of Revenue:
Arkansas Department of Revenue
P.O. Box 1272
Ragland Building
1900 W. 7th STE 2047
Little Rock, AR 72203
Telephone: (501) 682-7025
Fax: (501) 682-1683
Department of Finance and Administration Website