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2020 irs tax brackets and tax tables4/14/2024 ![]() The current values of these deductions for tax year 2023 are as follows: ![]() The three most common deductions encountered by taxpayers are the North Dakota Standard Deduction, the North Dakota Personal Exemption, and the North Dakota Dependent Deduction. In addition to marginal tax brackets, one of the major features of the North Dakota income tax is deductions. Remember that North Dakota 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 North Dakota income tax return. Qualifying deductions might include an itemized deduction, the North Dakota standard deduction, exemptions for dependants, business expenses, etc. When calculating your North Dakota income tax, keep in mind that the North Dakota 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 North Dakota and Federal income tax based on the most recent tax brackets. Married couples filing their North Dakota income tax return jointly will usually have wider tax brackets than those filing separately or as an individual. In North Dakota, different tax brackets are applicable to different filing types. Each marginal rate only applies to earnings within the applicable marginal tax bracket North Dakota has four marginal tax brackets, ranging from 1.1% (the lowest North Dakota tax bracket) to 2.64% (the highest North Dakota tax bracket). North Dakota's tax brackets are indexed for inflation, and are updated yearly to reflect changes in cost of living. North Dakota's income tax brackets were last changed one year ago for tax year 2022, and the tax rates were previously changed in 2020.
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