Resident and non-resident individuals, estates and trusts deriving income from within the state are subject to a tax on their net income at the following rates:
Personal Income Tax Rates for Tax Year Beginning January 1, 2025
| Income Tax Rate for Individuals with Net Income of Less Than or Equal to $92,300 | |
|---|---|
| $0 - $5,499 | 0.0% |
| $5,500 - $10,899 | 2.0% |
| $10,900 - $15,599 | 3.0% |
| $15,600 - $25,699 | 3.4% |
| $25,700 - $92,300 | 3.9% |
| Income Tax Rate for Individuals with a Net Income Greater Than $92,300 | |
|---|---|
| $0 - $4,600 | 2.0% |
| $4,601 - and above | 3.9% |
Act 1 of the Third Extraordinary Session of the 93rd General Assembly included a one-time inflationary relief income-tax credit for a resident individual taxpayer who files an Arkansas full-year resident income tax return. For individuals filers that have a net income of up to $101,000 a taxpayer can receive an income tax credit between $10 and $150 depending on their 2022 net income. Taxpayers who file a joint income tax return and have a net income up to $202,000 can receive an income tax credit between $20-$300 depending on their 2022 net income.