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

Incomes less than $21,000 per year 
$0-$4,2990.9%
$4,300 - $8,3992.4%
$8,400 - $12,5993.4%
$12,600 - $20,9994.4%

Incomes between $21,000 and $75,000* Incomes greater than $75,000 
$0-$4,2990.9%$0-$4,2990.9%
$4,300 - $8,3992.5%$4,300 - $8,3992.5%
$8,400 - $12,5993.5%$8,400 - $12,5993.5%
$12,600 - $20,9994.5%$12,600 - $20,9994.5%
$21,000 - $35,0995.0%$21,000 - $35,0996.0%
$35,100 - $75,000*6.0%$35,100 and above6.9%

*for incomes over $75,000, the tax rate for income from $21,000 to $35,099 is 6% and the tax rate for income greater than $35,099 is 6.9%

 

Incomes between $75,000 and $80,000 shall reduce the amount of income
tax due by deducting a bracket adjustment as set forth below:

$75,001 - $76,000$440
$76,001 - $77,000$340
$77,001 - $78,000$240
$78,001 - $79,000$140
$79,001 - $80,000$40
$80,001 and above$0