Currently, Arizona has four individual income tax brackets with rates ranging from 2.59 percent to 4.5 percent.

Do I need to file an AZ return?

In the state of Arizona, full-year resident or part-year resident individuals must file a tax return if they are: Single or married filing separately and gross income (GI) is greater than $12,400; Head of household and GI is greater than $18,550; or. Married and filing jointly and GI is greater than $24,800.

What is the biggest industry in Arizona?

Principal Economic Activities Arizona’s original export activities – agriculture and mining – remain significant in many rural parts of the state. Based on sheer size, the real estate and rental industries, the diverse tourism sector, and government are the largest economic sectors in Arizona.

How much income do you have to have to file taxes in Arizona?

Income Tax Filing Requirements. Individuals with an adjusted gross income of at least $5,500 must file taxes, and an Arizona resident is subject to tax on all income, including from other states. Additionally, individuals here on a temporary basis have to file a tax return reporting any income earned in Arizona.

What’s the standard deduction for income in Arizona?

Your Arizona taxable income is $50,000 or more, regardless of filing status. You are making adjustments to income. You itemize deductions. You increase the standard deduction by 25% of charitable deductions (beginning with the return for 2019).

How does adjusted gross income work in Arizona?

In the case of nonresidents, A.R.S. § 43-1091 provides that Arizona gross income includes only that portion of federal adjusted gross income which represents income from sources within this state.

Do you have to pay taxes to another state in Arizona?

Arizona will also tax retirement from another state. Residents are taxed on the same income they report for federal income tax purposes, subject only to the specific modifications allowed under state law. However, an individual may be able to claim a credit for taxes paid to another state.