The top marginal income tax rate of 37 percent will hit taxpayers with taxable income of 523,600 and higher for single filers and 628,300 and higher for married couples filing jointly. Married Filing Jointly double from $10,000 to $20,000 at 5%, and double from In 2021, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (Tables 1). Notice, however, the Connecticut income tax brackets for Tax rate of 6.99% on taxable income over $1,000,000.įor the Single, Married Filing Jointly, Married Filing Separately, and Head of Householdįiling statuses, the CT tax rates and the number of tax brackets.Tax rate of 6% on taxable income between $200,001 and $400,000.Tax rate of 5% on taxable income between $20,001 and $100,000.Tax rate of 3% on the first $20,000 of taxable income.Tax rate of 6.99% on taxable income over $500,000.įor married taxpayers living and working in the state of Connecticut:.Tax rate of 6% on taxable income between $100,001 and $200,000.Tax rate of 5% on taxable income between $10,001 and $50,000.Tax rate of 3% on the first $10,000 of taxable income.To the highest CT tax rate bracket of 6.99%.įor single taxpayers living and working in the state of Connecticut:
We can also see the progressive nature of Connecticut state income tax rates from the lowest CT tax rate bracket of 3% Individual income taxes differently for Single versus Married filing Looking at the tax rate and tax brackets shown in the tables aboveįor Connecticut, we can see that Connecticut collects The Connecticut income tax rate tables and tax brackets shown on this web page are for illustration purposes only. Please reference the Connecticut tax forms and instructions booklet published by the State of Connecticut Department of Revenue Services to determine if you owe state income tax or are due a state income tax refund.Ĭonnecticut income tax forms are generally published at the end of each calendar year, which will include any last minute 2022 - 2023 legislative changes to the CT tax rate or tax brackets.
Source: 2022 Connecticut Tax Calculation Table, published by the State of Connecticut Department of Revenue Services. The tables below help demonstrate this concept. Only the money you earn within a particular bracket is subject to the corresponding tax rate. It’s important to remember that moving up into a higher tax bracket does not mean that all of your income will be taxed at the higher rate. Connecticut Single Income Tax Brackets Income Tax BracketĬonnecticut Married Filing Jointly Tax Brackets Income Tax BracketĬonnecticut Married Filing Separately Tax Brackets Income Tax BracketĬonnecticut Head of Household Tax Brackets Income Tax Bracket The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above 539,900 for single filers and above 693,750 for married couples filing jointly. The tax rates for 2021 are: 10, 12, 22, 24, 32, 35, and 37.
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