Page 31 - Keeping Business Records
P. 31
States with flat income tax rates
State Rate %
Colorado 4.63
Illinois 4.95
Indiana 3.23
Kentucky 5
Massachusetts 5
Michigan 4.25
New Hampshire * 5
North Carolina 5.25
Pennsylvania 3.07
Tennessee * 1
Utah 4.95
* On dividends and interest income only
https://www.nerdwallet.com/article/taxes/state-income-tax-rates
https://lentcpa.com 29
