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Income tax rates. The Indiana Individual adjusted gross income tax rate for 2023 is 3.15% and will adjust in 2024 to 3.05%. County income tax rates may be adjusted in January and October. Departmental Notice #1 contains the most recent county income tax rate chart for withholding.
Indiana has a flat state income tax rate of 3.15% for the 2023 tax year, which means that all Indiana residents pay the same percentage of their income in state taxes. Unlike the federal income tax system , rates do not vary based on income level.
The Income tax rates and personal allowances in Indiana are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the Indiana Tax Calculator 2024.
If you make $70,000 a year living in Indiana you will be taxed $9,889. Your average tax rate is 10.94% and your marginal tax rate is 22%.
The Indiana Department of Revenue's web portal for individual income tax. Find information about payments, refunds, and billing.
For the 2023 tax year, Indiana had a flat income tax rate of 3.15 percent. In 2024, the state lowered its income tax rate from 3.15 percent to 3.05 percent, which will impact taxes filed in 2025. The state plans to gradually reduce the rate to 2.9 percent by 2027.
Indiana has a flat 3.05 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Indiana has a 4.9 percent corporate income tax rate. Indiana also has a 7.00 percent state sales tax rate and does not have local sales taxes.
Residents of Indiana are taxed at a flat state income rate of 3.15%. That means no matter how much you make, you’re taxed at the same rate. All counties in Indiana impose their own local income tax rates in addition to the state rate that everyone must pay.
Indiana has relatively high state income tax rates compared to other states. While the Hoosier State has a flat income tax rate of 3.15%, some Indiana counties impose their own income tax rates...
Explore everything you need to know about individual income taxes. Learn if you should file your tax return, which form you should use, and more.