Overview of Utah Retirement Tax Friendliness Utah taxes Social Security retirement benefits. Other types of retirement income, such as pension income and income from retirement accounts, are also subject to the state's 4.55% flat income tax. However, seniors can claim a small credit against those taxes.
It can take up to 90 days for the Utah Tax Commission to process your state tax return and your refund, depending on when and how it was filed. If you filed your refund electronically, you should have your refund in 7 to 21 days.
Corporate income tax filers use form TC-20. A $100 minimum tax applies to the corporate income tax. The taxable year for Utah Corporation franchise or income tax purposes must match the taxable year used for federal income tax purposes.
Utah does not require employees to complete a state W-4 form. Withhold amounts based on your employee's federal W-4 form and the Utah withholding schedules or tables in Publication 14, Withholding Tax Guide, .
If you do need to cancel your registration for any reason, please follow these simple instructions. Send an email cancellation request to subscribe@utah. Be sure to include your account number(s) in the email. If you want it cancelled in the future, provide an effective date.
Renewal Express Temporary Permits The permit will allow the vehicle owner 30 days to operate the vehicle in order to obtain the vehicle's safety and/or emissions certificates. This is only applicable if the vehicle's registration has expired within the last six months.
Any resident or non-resident individual in the state of Utah who earned income and is required to file a tax return should use the 2023 Utah TC-40 Individual form.
Utah Form TC-40 – Personal Income Tax Return for Residents. Utah Form TC-40A – Income Tax Supplemental Schedule. Utah Form TC-40B – Nonresident or Part-Year Resident Income Schedule. Utah Form TC-131 – Statement of Person Claiming Refund Due a Deceased Taxpayer.
It outlines the filing requirements, income calculations, tax liabilities, and refund processes.