Arkansas 2024 Tax Booklet. Ar department of finance and administration announces new withholding instructions, tables and formula following the passage of an income tax cut retroactive to jan. Arkansas state income tax forms for 2023 and previous tax years.
According to arkansas individual income tax booklet, whether or not you have to file an arkansas tax return depends on your filing status and gross income. Arkansas has five income tax brackets that apply to all filing statuses for tax year 2023, with rates ranging between 0% for income up to $5,100 and 4.7% for income over $24,300.