Get RI TX-17 2017

Rhode Island Median Household Income The first $62,550 of Rhode Island taxable income is taxed at 3.75%. Taxable income between $62,551 and $142,150 is taxed at 4.75%, and taxable income over that amount is taxed at 5.99%. Rhode Island does not have any local income taxes.

Massachusetts is a flat tax state that charges a state tax rate of 5.1%. That goes for both earned income (wages, salary, commissions) and unearned income (interest, dividends).

The tax rate is 6% of the first $7,000 of taxable income an employee earns annually.Note that you can claim a tax credit of up to 5.4% for paying your Massachusetts state unemployment taxes in full and on time each quarter, which means that you'll effectively be paying only 0.6% on your FUTA tax.

For tax year 2018, Massachusetts had a 5.1% tax on both earned (salaries, wages, tips, commissions) and unearned (interest, dividends and capital gains) income. The tax rate was lowered to 5.05% for tax years beginning January 1, 2019, and after. Certain capital gains are taxed at 12%.

The 2019 tax rates themselves are the same as the tax rates in effect for the 2018 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%.

Like most other states in the Northeast, Rhode Island has both a statewide income tax and a sales tax. The income tax is progressive tax with rates ranging from 3.75% up to 5.99%. The highest marginal rate applies to taxpayers earning more than $142,150 in 2018.

Rhode Island has some of the highest property taxes in the nation. The state's average effective property tax rate of 1.65% ranks as the 11th highest in the country.

Rhode Island taxes all retirement income at rates ranging from 3.75% to 5.99%. ... The Ocean State has sales tax rates that are slightly higher than the national average. It has an average effective property tax rate of 1.65%. This is 11th highest in the country.

State: Rhode Island. Website: https://www.ri.gov/taxation/refund/ Refund Status: 1-401-574-8829. Hours: Mon. Fri. 8:30a.m. 3:30p.m. Email: Tax.Assist@tax.ri.gov. Filing Deadline: April 17, 2018.

RESIDENT INDIVIDUALS Every resident individual of Rhode Island who is required to file a federal income tax return must file a Rhode Island individual income tax return (RI-1040).

Overview of New York Taxes New York City's income tax system is also progressive and rates range from 3.078% to 3.876%. Most people claim 0-5 allowances, check W-4 rules for details. You can't withhold more than your earnings. Please adjust your .

The amount of your gross pay. If you earn a fixed salary, this is easy to figure out. Just divide the annual amount by the number of periods each year. If you are paid hourly, multiply that rate by 40 hours to determine your weekly pay.

For example, if your bonus or commission is included in your regular pay, then it's taxed according to normal federal and state withholding. If you receive it outside your regular paycheck, then it becomes supplemental and your commission is taxed at a rate of 25%.

The state general sales tax rate of Rhode Island is 7%. Rhode Island cities and/or municipalities don't have a city sales tax. Every 2019 combined rates mentioned above are the results of Rhode Island state rate (7%). There is no county sale tax for Rhode Island.

Rhode Island imposes a 7 percent sales tax on the sale of most tangible items. However, the state offers exemptions on a range of goods and services, as well as for certain organizations and types of sales. Common exempt goods include clothing and footwear, food, and medical items.