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Utah also has a flat 4.85 percent corporate income tax. Utah filers only deal with a flat income tax rate of 4.95 percent. But you wouldnt have paid 22 on the entire 50,000. Utah has a flat 4.85 percent individual income tax rate. >S, M/Number of Exemptions None (Utah Effective 2021) Calculate the annual gross withholding allowance.Īdd the following Base Allowance to the annual gross withholding allowance:ħ20 Calculate the annual withholding allowance reduction. The 50,000 in the taxable earnings example would have put you in the 22 tax bracket as a single filer in tax year 2021. All features, services, support, prices, offers, terms and conditions are subject to change without notice.
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Tax rate used in calculating Utah state tax for year 2021 Lost a Form? Reprint W-2, 1099 In House Today!ĮzAccounting Makes It Easy to Track Income and Cost