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For example, if you deducted $1,500 in state taxes last year, but your state refund this year was $2,000, you only need to report a tax refund of $500 on your federal income tax return. How To ...
Seven states don’t assess income tax, so you won’t file a state return in Alaska, Florida, Nevada, South Dakota, Texas, Washington or Wyoming. If you live in New Hampshire or Tennessee, you ...
The Arkansas Department of Finance and Administration (commonly DFA within the state) is a department of the government of Arkansas under the Governor of Arkansas.. The DFA is a cabinet level agency in the executive branch of government responsible for providing citizens with tax, licensure, or child support service and state agencies in their administration and budgeting.
In Arkansas, as of January 1, 2024, the average cost of car insurance is $2,186 per year, or $182 a month, for a full coverage policy and $453 per year, or $37 a month, for a minimum coverage ...
Powers and duties. In Arkansas, the state auditor serves as the general accountant or "bookkeeper" of state government. As such, the auditor is responsible for preauditing claims against the state, issuing warrants on the state treasury in payment of claims approved, accounting for monthly revenues, expenditures, and cash balances by fund, enforcing the state's unclaimed property laws, and ...
State income tax is imposed at a fixed or graduated rate on taxable income of individuals, corporations, and certain estates and trusts. These tax rates vary by state and by entity type. Taxable income conforms closely to federal taxable income in most states with limited modifications. [2]
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