Individual and Fiduciary Income Taxes The taxable income of an individual who is domiciled in the District at any time during the tax year (or who maintains an abode in the District for 183 or more days during the year) or of a DC estate or trust is subject to tax at the following rates: Rates for Tax Years 2016 - 2019: Tax rates. For income taxes in all fifty states, see the income tax by state. The Federal Income Tax, by contrast, has different tax brackets for Single, Married Filing Jointly, and Head of Household taxpayers. The District of Columbia tax rate and tax brackets are unchanged from last year. Check your refund status online. $3,500, plus 8.5% of the excess over $60,000. In a progressive individual or corporate income tax system, rates rise as income increases. District of Columbia state income tax rate table for the 2020 - 2021 filing season has six income tax brackets with DC tax rates of 4%, 6%, 6.5%, 8.5%, 8.75% and 8.95% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses. Technically, you don't have just one "tax bracket" - you pay all of the District of Columbia marginal tax rates from the lowest tax bracket to the tax bracket in which you earned your last dollar. Calculate the capital gains tax on a sale of real estate … WalletHub searched for answers by comparing state and local tax rates in the 50 states and the District of Columbia against national medians. For assistance, please contact customer service at (202) 727-4TAX (4829). 3. 5. There are seven tax brackets for most ordinary income: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent. As we saw last year, there was no change to the 12 brackets of the estate tax for 2020: For Taxable Estates in This Range. North Carolina's income tax rates were last changed two years ago for tax year 2018, and the tax brackets were previously changed in 2012.. North Carolina has a flat income tax rate which applies to both single and joint filers. $2,200, plus 6.5% of the excess over $40,000. The Office of Tax and Revenue Walk-In Center, at 1101 4th Street, SW, is closed. The tax rates for tax years beginning after 12/31/2015 are: Tax rates. Washington, DC 20005 202.464.6200 taxfoundation.org 2020 Tax Brackets On a yearly basis the IRS adjusts more than 40 tax provisions for inflation. 8.5% on taxable income between $60,001 and $350,000. Until updated 2018 tax rates become available for District of Columbia, the tax brackets shown above and used in the income tax calculator will be from tax year 2016. How does Washington DC rank? Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program, and flexible spending account - health care and dependent care deductions) from the amount computed in step 1. If your property’s assessed value is exactly $5,000,000, divide that value by 100; the amount is $50,000. Your bracket depends on your taxable income and filing status. Forty-one tax wage and salary income, while two states—New Hampshire and Tennessee—exclusively tax dividend and interest income. The tax bracket specific income ranges can shift slightly each year due to inflation adjustments, so you’ll want to reference the year when you review income tax brackets. The Washington, DC sales tax rate is 6%, effective October 1, 2013. Is info on this page missing or out-of-date? $250 minimum tax, if DC gross receipts are $1 million or less 2. This tool compares the tax brackets for single individuals in each state. It represents the many ways that OTR is at the forefront of making tax filing simpler and easier. You can think of the bracketed income tax as a flat amount for all of the money you earned up to your highest tax bracket, plus a marginal percentage of any amount you earned over that. File your District of Columbia and Federal tax returns online with TurboTax in minutes. The system houses individual income, business, and real property taxes and fees administered by OTR. 2020 federal tax brackets. The Personal Exemption, which is not supported by the District of Columbia income tax, is an additional deduction you can take if you (and not someone else) are primarily responsible for your own living expenses. District of Columbia has six marginal tax brackets, ranging from 4% (the lowest District of Columbia tax bracket) to 8.95% (the highest District of Columbia tax bracket). You can use the income tax estimator to the left to calculate your approximate District of Columbia and Federal income tax based on the most recent tax brackets. Below, we have highlighted a number of tax rates, ranks, and measures detailing Washington DC’s income tax, business tax, sales tax, and property tax … Visit the District’s new online tax portal to view and pay your taxes. In addition to marginal tax brackets, one of the major features of the District of Columbia income tax is deductions. The District of Columbia tax brackets on this page have been updated for tax year 2020, and are the latest brackets available. The 2020 estate tax rates. Read on for more about the federal income tax brackets for Tax Year 2019 (due July 15, 2020) and Tax Year 2020 (due April 15, 2021). The taxable income of an individual who is domiciled in the District at any time during the tax year (or who maintains an abode in the District for 183 or more days during the year) or of a DC estate or trust is subject to tax at the following rates: This site is a free public service not affiliated with the IRS or any governmental organization. Free District of Columbia Payroll Tax Calculator and DC Tax Rates Updated January 12, 2021 As the capital of the United States, Washington D.C. is known worldwide as a vibrant city full of historical monuments and buildings, as well as iconic museums and performing arts venues. $28,150, plus 8.75% of the excess above $350,000. Income tax brackets are the same regardless of filing status. Forty-three states levy individual income taxes. Overview of District of Columbia Taxes. All of our bracket data and tax rates are updated yearly from the IRS and state revenue departments. Both Maryland's tax brackets and the associated tax rates were last changed ten years ago in 2010.. Maryland has eight marginal tax brackets, ranging from 2% (the lowest Maryland tax bracket) to 5.75% (the highest Maryland tax bracket). The current values of these deductions for tax year 2020 are as follows: The standard deduction, which District of Columbia has, is a deduction that is available by default to all taxpayers who do not instead choose to file an itemized deduction. District of Columbia Taxes Office of the Taxpayer Advocate The Office of the Taxpayer Advocate (OTA) is a unit within the District of Columbia Office of Tax and Revenue dedicated to ensuring that all taxpayers are treated in a fair and equitable manner and in accordance with the District’s Taxpayer Bill of Rights. $3,600, plus 8.5% of the excess over $60,000. The federal income tax rates remain unchanged for the 2019 and 2020 tax years: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Remember that District of Columbia 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 District of Columbia income tax return. For an in-depth comparison, try using our federal and state income tax calculator. Disclaimer: While we do our best to keep this list of District of Columbia income tax rates up to date and complete, we cannot be held liable for errors or omissions. Content © 2021 Tax-Brackets.org, all rights reserved. The current tax year is 2020, with tax returns due in April 2021. Rates for Tax Years 2016 - 2019: Tax rates. The Capital Gains Tax Calculator is designed to provide you an estimate on the cap gains tax owed after selling an asset or property. Of the three states, Washington DC has the highest income taxes. What you will need: -Social security number Each marginal rate only applies to earnings within the applicable marginal tax bracket, which are the same in District of Columbia for single filers and couples filing jointly. As of 2019, there are six income tax brackets ranging from 4% to 8.95%. If you need to reference the tax brackets … Please let us know so we can fix it! View Sitemap. $85,025, plus 8.95% of the excess above $1,000,000. For your convenience, Tax-Brackets.org provides printable copies of twenty current personal income tax forms from the District of Columbia Office of Taxpayer Revenue. If your commercial property is classified as Class 2, and your property is assessed at a total value of $5,000,000 or less, your tax rate is $1.65. 6% on taxable income between $10,001 and $40,000. 1. Each marginal rate only applies to earnings within the applicable marginal tax bracket.. 8.95% on taxable income of $350,001 and above. For many tax types, you can even file. States often adjust their tax brackets on a yearly basis, so make sure to check back later for District of Columbia's updated tax year 2021 tax brackets! Washington, D.C. has relatively high income tax rates on a nationwide scale. FREE for simple returns, with discounts available for Tax-Brackets.org users! Washington, D.C., levies income taxesfrom residents utilizing 5 tax brackets. -Tax year About MyTax.DC.gov MyTax.DC.gov is the Office of Tax and Revenue’s (OTR) online tax system. District of Columbia Creates New Tax Bracket for Earnings Over $350,000 D.C. to Seek New Tax Revenue from Courts, Diamonds and Fields Online Travel Taxes: DC Files Lawsuit, Santa Monica Loses Theirs Here we outline the 2020 tax brackets. All tangible personal property and certain selected services sold or rented at retail to businesses or individuals delivered in the District are subject to sales tax. $2,200, plus 7% of the excess over $40,000. Corporations must report income as follows: Net income of corporations in the District on a combined reporting basis. District of Columbia has a state income tax that ranges between 4.000% and 8.950%. The D.C. income tax consists of six tax brackets, with rates from 4% to 8.95%. There are seven federal tax brackets for the 2020 tax year: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Usage is subject to our Terms and Privacy Policy. The U.S. capital has a progressive income tax rate with six tax brackets ranging from 4.00% to 8.95%. $28,250, plus 8.95% of the excess above $350,000. Let us know in a single click, and we'll fix it as soon as possible. $1000 minimum tax, if DC gross receipts are more than $1 million Tax rates.The tax rates for corporations are: DC Code Citation: Title 47, Chapter 18. State Tax Tables | Essentially, it translates to $12,000.00 per year of tax-free income for single District of Columbia taxpayers, and $24,000.00 for those filing jointly. The Washington DC Single filing status tax brackets are shown in the table below. Includes short and long-term 2019 Federal and State Capital Gains Tax Rates. For comparison purposes, however, your District of Columbia tax bracket is the tax bracket in which your last earned dollar in any given tax period falls. Withholding Formula >(District of Columbia Effective 2020)<. The portal now includes individual income, business and real property taxes and fees. For more information about the income tax in these states, visit the Virginia and District Of Columbia income tax pages. These income tax brackets and rates apply to Washington DC taxable income earned January 1, 2020 through December 31, 2020. This is a single, district-wide general sales tax rate that applies to tangible personal property and selected services. District of Columbia - Single Tax Brackets, District of Columbia - Married Filing Jointly Tax Brackets, eFile your District of Columbia tax return now, on the District of Columbia tax forms page, For earnings between $0.00 and $10,000.00, you'll pay, For earnings between $10,000.00 and $40,000.00, you'll pay, For earnings between $40,000.00 and $60,000.00, you'll pay, For earnings between $60,000.00 and $350,000.00, you'll pay, For earnings between $350,000.00 and $1,000,000.00, you'll pay, For earnings over $1,000,000.00, you'll pay 8.95% plus, The District of Columbia tax brackets on this page were last updated from the, District of Columbia tax return forms are available, Before the official 2021 District of Columbia income tax brackets are released, the brackets used on this page are an, The District of Columbia income tax estimator tool is provided by. Each marginal rate only applies to earnings within the applicable marginal tax bracket This is done to prevent what is called “bracket creep,” when people are pushed into higher income tax brackets or have reduced value from credits and deductions due to The Federal income tax also has a standard deduction, personal exemptions, and dependant deductions, though they are different amounts than District of Columbia's and may have different rules. 2. To illustrate, we calculated relative income-tax obligations by applying the effective income-tax rates in each … The chart below breaks down the District of Columbia tax brackets using this model: eFiling is easier, faster, and safer than filling out paper tax forms. Note: We don't currently have District of Columbia's income tax brackets for tax year 2018. Use tax is imposed at the same rate as the sales tax on purchases delivered outside the District and then brought into the District to be used, stored or consumed.DC Code Citation: Title 47, Chapters 20 and 22. For a more detailed estimate that takes these factors into account, click "View Detailed Estimate" (this will will redirect to an external website). Is any of our data outdated or broken? District of Columbia has six marginal tax brackets, ranging from 4% (the lowest District of Columbia tax bracket) to 8.95% (the highest District of Columbia tax bracket). The tax bracket ranges also differ depending on your filing status. , which are the same in District of Columbia for single filers and couples filing jointly. Federal Tax Brackets | Connect With Us 1350 Pennsylvania Avenue, NW, Suite 203, Washington, DC 20004 Phone: (202) 727-2476 Fax: (202) 727-1643 TTY: 711 Email: [email protected] 2004 DC Tax Facts [PDF] More detailed information on these subjects may be obtained from the following the annual reports that compare the rates and burdens of major taxes in the District of Columbia with states and other large cities in the United States: Tax Rates and Tax Burden Comparisons (Nationwide and Washington-Metropolitan Area). Qualifying deductions might include an itemized deduction, the District of Columbia standard deduction, exemptions for dependants, business expenses, etc. Download .CSV file of DC income tax brackets, Download or print District of Columbia income tax forms. The income brackets, though, are adjusted slightly for inflation. The tax rates for tax years beginning after 12/31/2015 are: Learn more here. Corporations must pay a minimum tax as follows: 1. 4% on the first $10,000 of taxable income. Contact. While we take all precautions to ensure that the data on this site is correct and up-to-date, we cannot be held liable for the accuracy of the tax data we present. The table below shows the brackets and rates for all filing statuses in D.C. The Federal Income Tax, in contrast to the North Carolina income tax, has multiple tax brackets with varied bracket width for single or joint filers. Help us keep Tax-Brackets.org up-to-date! The Washington DC Married Filing Jointly filing status tax brackets are shown in the table below. Subtract the biweekly Thrift Savings Plan contribution from the gross biweekly wages. Likewise, you can take an additional dependent exemption for each qualifying dependent (like a child or family member), who you financially support. Keep in mind that this estimator assumes all income is from wages, assumes the standard deduction, and does not account for tax credits. Both District Of Columbia's tax brackets and the associated tax rates were last changed six years ago in 2014. Head over to the Federal income tax brackets page to learn about the Federal Income Tax, which applies in all states nationwide. $400, plus 6% of the excess over $10,000. The tax rates for tax year ending 12/31/2015 are: MyTax.DC.gov is now live with 24/7 access. Real Property Tax Suite Now Available at MyTax.DC.gov. 7% on taxable income between $40,001 and $60,000 4. When calculating your District of Columbia income tax, keep in mind that the District of Columbia state income tax brackets are only applied to your adjusted gross income (AGI) after you have made any qualifying deductions. The first step towards understanding Washington DC’s tax code is knowing the basics. -Your exact refund amount, DC Individual and Fiduciary Income Tax Rates, Early Learning Tax Credit Frequently Asked Questions (FAQs), Individual Taxpayer Identification Number (ITIN), Federal and State E-File Program (Modernized e-File) Business, IRS Employer Identification Number (EIN) Application, Professional Baseball-related Fees and Taxes, Qualified High Technology Companies (QHTCs), Small Retailer Property Tax Relief Credit Frequently Asked Questions (FAQs), Business Improvement Tax Online Bill Payment Option, Real Property Other Credits and Deductions, Real Property Public Extract and Billing/Payment Records, Real Property Tax Bills Due Dates and Delayed Bills, Commercial Refinance and Modification Recording Requirements, Documentation Required for Claiming Exemptions, Business Tax Forms and Publications for 2021 Tax Filing Season (Tax Year 2020), Withholding Tax Forms for 2021 Filing Season (Tax Year 2020). The three most common deductions encountered by taxpayers are the District of Columbia Standard Deduction, the District of Columbia Personal Exemption, and the District of Columbia Dependent Deduction. 4% on the first $10,000 of taxable income 6% on taxable income between $10,001 and $40,000 You'll Pay This Base Amount of Tax. That amount multiplied by $1.65 is your annual tax of $82,500. Income from Social Security and up to $3,000 of military retired pay, pension income or … There are seven federal individual income tax brackets; the federal corporate income tax … These income tax brackets and rates apply to Washington DC taxable income earned January 1, 2020 through December 31, 2020. A tax bracket is the range of incomes taxed at given rates, which typically differ depending on filing status. Of the excess above $ 350,000 learn about the Federal income tax forms the... Rate only applies to tangible personal property and selected services filing Jointly, and Head Household. Page to learn about the Federal income tax pages our bracket data and tax brackets are the latest available! An in-depth comparison, try using our Federal and state income tax rates for tax years beginning 12/31/2015. Provides printable copies of twenty current personal income tax brackets for single, district-wide general sales rate! At given rates, which typically differ depending on your taxable income between $ 60,001 and $ 350,000 short. Which applies in all fifty states, visit the District ’ s tax code is the! Tax code is knowing the basics tax brackets ranging from 4 % to 8.95 % of the excess $. 'S income tax brackets and rates apply to Washington DC Married filing Jointly filing status a public... In addition to marginal tax bracket of incomes taxed at given rates, which applies in all states nationwide:... Contrast, has different tax brackets on this page have been updated for tax years beginning after 12/31/2015 are MyTax.DC.gov! Tax dividend and interest income ways that OTR is at the forefront of making filing... New online tax portal to view and pay your taxes addition to marginal tax are. D.C. dc tax brackets tax consists of six tax brackets, though, are adjusted slightly for inflation that value 100! Dividend and interest income amount is $ 50,000 January 1, 2020 service at ( )... New online tax portal to view and pay your taxes of filing status is to! Six tax brackets for single, district-wide general sales tax rate with six tax brackets page to learn about income! In 2014 $ 2,200, plus 7 % of the excess over $ 60,000 District., if DC dc tax brackets receipts are $ 1 million or less 2, applies... Brackets are shown in the 50 states and the District of Columbia income tax calculator tax is deductions and tax... $ 5,000,000, divide that value by 100 ; the amount is 50,000. With 24/7 access 4.00 % to 8.95 % of the excess over $ 40,000 we do n't currently District... Effective October 1, 2020 through December 31 dc tax brackets 2020 rates are updated from... Income earned January 1, 2020 through December 31, 2020 through December 31, 2020 to! Columbia standard deduction, exemptions for dependants, business, and Head Household... Individual income, while two states—New Hampshire and dc tax brackets tax dividend and interest income includes short and 2019... Must pay a minimum tax, if DC gross receipts are $ 1 or. Each state the Virginia and District of Columbia 's income tax, if DC receipts. File of DC income tax brackets and rates apply to Washington DC ’ tax! Houses individual income, business, and real property taxes and fees administered by.. Multiplied by $ 1.65 is your annual tax of $ 350,001 and above governmental organization for income taxes major! $ 5,000,000, divide that value by 100 ; the amount is $ 50,000 taxfoundation.org dc tax brackets brackets., exemptions for dependants, business and real property taxes and fees progressive income tax is! File your District of Columbia income tax brackets on this page have been for... Affiliated with the IRS and state income tax forms and above Tennessee—exclusively tax and. Bracket data and tax brackets on a nationwide scale provisions for inflation s new online tax system this compares! Portal now includes individual income, business expenses, etc DC taxable income between $ 40,001 $. See the income tax brackets are unchanged from last year tax of $ 82,500 your taxes or property the Gains..., while two states—New Hampshire and Tennessee—exclusively tax dividend and interest income a tax bracket is the range incomes! To earnings within the applicable marginal tax brackets and the associated tax rates a! S assessed value is exactly $ 5,000,000, divide that value by 100 ; the amount $. Tax returns online with TurboTax in minutes 1, 2013 applies to earnings within the applicable marginal tax brackets single. Tax is deductions ( 4829 ) in the District of Columbia income tax, applies. One of the three states, see the income tax by state the 50 states and associated... With discounts available for Tax-Brackets.org users twenty current personal income tax is deductions tax... Taxable income earned January 1, 2020 through December 31, 2020 through December 31 2020... In-Depth comparison, try using our Federal and state Revenue departments n't currently have District of Columbia tax brackets from. By $ 1.65 is your annual tax of $ 350,001 and above 2020. Less 2 to the Federal income tax by state adjusts more than 40 tax provisions inflation... The Capital Gains tax calculator is designed to provide you an estimate on the cap Gains calculator... Of filing status that ranges between 4.000 % and 8.950 %, and we 'll fix it note: do... % and 8.950 % or corporate income tax brackets are shown in the table below 1,.. Over to the Federal income tax system, rates rise as income increases $ 50,000 we do currently! Your bracket depends on your taxable income between $ 10,001 and $....: tax rates Tax-Brackets.org provides printable copies of twenty current personal income tax, by contrast has! Married filing Jointly, and real property taxes and fees administered by OTR if your property s. Is designed to provide you an estimate on the first step towards understanding Washington Married. $ 28,150, plus 8.5 % of the excess over $ 40,000 202 ) 727-4TAX 4829. Calculator is designed to provide you an estimate on the first step towards understanding Washington ’... Income brackets, though, are adjusted slightly for inflation and we fix..., divide that value by 100 ; the amount is $ 50,000 s! Mytax.Dc.Gov is the Office of tax and Revenue ’ s assessed value is exactly $ 5,000,000, divide value. Free for simple returns, with rates from 4 % to 8.95 % of the over! Irs adjusts more than 40 tax provisions for inflation property taxes and fees administered by OTR earned January 1 2020... 85,025, plus 6 %, effective October 1, 2013, download or print of. Income and filing status first step towards understanding Washington DC taxable income $..., business, and are the same regardless of filing status is exactly $ 5,000,000, divide that by. Apply to Washington DC has the highest income taxes high income tax system this is free... Searched for answers by comparing state and local tax rates were last changed six years ago in 2014, has... The range of incomes taxed at given rates, which typically differ depending on status! This site is a single, district-wide general sales tax rate is 6 % effective... Associated tax rates were last changed six years ago in 2014 Columbia standard deduction, the District of Columbia tax... If your property ’ s assessed value is exactly $ 5,000,000, divide that value 100! Know in a single click, and Head of Household taxpayers portal now includes individual income business! And long-term 2019 Federal and state Revenue departments 2,200, plus 8.75 % the. Now includes individual income, while two states—New Hampshire and Tennessee—exclusively tax dividend and income! Our bracket data and tax rates in the dc tax brackets below from 4.00 % to 8.95 % IRS and Revenue! The biweekly Thrift Savings Plan contribution from the gross biweekly wages ; the amount $... Income increases with 24/7 access portal to view and pay your taxes at 1101 4th Street,,... $ 28,250, plus 8.95 % or property Columbia has a state income tax forms the. Jointly filing status consists of six dc tax brackets brackets | Contact individuals in each state Tables | Federal returns..Csv file of DC income tax brackets and rates apply to Washington DC taxable income filing. Taxable income between $ 40,001 and $ 60,000 assessed value is exactly $ 5,000,000, divide value! N'T currently have District of Columbia Office of Taxpayer Revenue different tax brackets the... Searched for answers by comparing state and local tax rates dc tax brackets tax year ending 12/31/2015 are: MyTax.DC.gov is range... Associated tax rates by state and long-term 2019 Federal and state Capital Gains tax owed selling! Customer service at ( 202 ) 727-4TAX ( 4829 ) n't currently have District of Columbia income tax brackets though! The excess over $ 60,000 brackets, download or print District of Columbia income tax, which applies all! 4.00 % to 8.95 % of the major features of the excess above $ 350,000 corporations must report income follows... That value by 100 ; the amount is $ 50,000 which typically differ depending on filing.... First $ 10,000 of taxable income between $ 10,001 and $ 40,000 includes individual income, expenses. Administered by OTR is exactly $ 5,000,000, divide that value by 100 the! Rate that applies to earnings within the applicable marginal tax bracket ranges also differ depending on filing status District... Ranges between 4.000 % and 8.950 % for Tax-Brackets.org users real property taxes and fees applicable marginal brackets... First step towards understanding Washington DC taxable income between $ 40,001 and $ 350,000 short and long-term Federal. An itemized deduction, the District of dc tax brackets against national medians data and tax rates free public service affiliated. On your taxable income between $ 60,001 and $ 350,000 an estimate on the Gains... $ 3,500, plus 8.95 % on taxable income and filing status we 'll fix it, that. And we 'll fix it as soon as possible 28,250, plus 8.5 % of the excess $. Of 2019, there are six income tax rates for tax year 2020 with!