2021 LA INCOME TAX BRACKETS FOR FREE

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2021 LA INCOME TAX BRACKETS FOR FREE

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The Louisiana income tax estimator tool is provided by.

These numbers are subject to change if new Louisiana tax tables are released.

Before the official 2024 Louisiana income tax brackets are released, the brackets used on this page are an estimate based on the previous year's brackets.

Louisiana tax return forms are available on the Louisiana tax forms page or the Louisiana Department of Revenue.

Please contact us if any of our Louisiana tax data is incorrect or out of date.

The Louisiana tax brackets on this page were last updated from the Louisiana Department of Revenue in 2023.

States often adjust their tax brackets on a yearly basis, so make sure to check back later for Louisiana's updated tax year 2024 tax brackets! The Louisiana tax brackets on this page have been updated for tax year 2023, and are the latest brackets available. Is info on this page missing or out-of-date? Please let us know so we can fix it! Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide.ĭisclaimer: While we do our best to keep this list of Louisiana income tax rates up to date and complete, we cannot be held liable for errors or omissions. The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than Louisiana's and may have different rules. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support. The Personal Exemption, which is supported by the Louisiana income tax, is an additional deduction you can take if you (and not someone else) are primarily responsible for your own living expenses. The standard deduction, which Louisiana does not have, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. The current values of these deductions for tax year 2023 are as follows: The three most common deductions encountered by taxpayers are the Louisiana Standard Deduction, the Louisiana Personal Exemption, and the Louisiana Dependent Deduction. In addition to marginal tax brackets, one of the major features of the Louisiana income tax is deductions. Remember that Louisiana may have very different deduction laws from the Federal Income Tax, so you may have to write a whole new list of deductions for your Louisiana income tax return. Qualifying deductions might include an itemized deduction, the Louisiana standard deduction, exemptions for dependants, business expenses, etc. When calculating your Louisiana income tax, keep in mind that the Louisiana state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions.

Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits.įor a more detailed estimate that takes these factors into account, click 'View Detailed Estimate' (this will will redirect to an external website). You can use the income tax estimator to the left to calculate your approximate Louisiana and Federal income tax based on the most recent tax brackets.

2021 la income tax brackets