Simple 4.5% Flat Tax | Middle of the Pack
| State | Rate | Tax on $75k |
|---|---|---|
| Utah | 4.5% | $3,375 |
| Wyoming | 0% | $0 |
| Idaho | 5.3% flat | $3,975 |
| Nevada | 0% | $0 |
| Colorado | 4.4% flat | $3,300 |
| Arizona | 2.5% flat | $1,875 |
Yes, Utah taxes Social Security benefits the same way the federal government does (up to 85% taxable). However, Utah offers a retirement credit that can offset some tax for eligible taxpayers.
Yes, at the 4.5% flat rate. However, Utah offers a retirement income tax credit of up to $450 (single) / $900 (married) for taxpayers 65+ with income under certain thresholds.