3/29/2024 0 Comments Georgia income tax brackets 2021EITC Tables for Unmarried Taxpayers (single and head of household filers) in 2021 ElementĮITC Tables for Married taxpayers (married filing jointly, Qualifying Widow(er)) in 2021 Element Note: you must be between the ages of 25 and 65 to claim EITC in 2021 unless you have 1 or more children. Virginia: Federal EITC(Earned Income Tax Credits) Rates and Thresholds in 2021 The federal federal allowance for Over 65 years of age Widower Filer in 2021 is $ 1,350.00 Virginia Residents State Income Tax Tables for Widower Filers in 2021 The federal standard deduction for a Widower Filer in 2021 is $ 25,100.00. The federal federal allowance for Over 65 years of age Head of Household Filer in 2021 is $ 1,700.00 Virginia Residents State Income Tax Tables for Head of Household Filers in 2021 The federal standard deduction for a Head of Household Filer in 2021 is $ 18,800.00. The federal federal allowance for Over 65 years of age Married (separate) Filer in 2021 is $ 1,350.00 Virginia Residents State Income Tax Tables for Married (separate) Filers in 2021įederal Head of Household Filer Tax Tables The federal standard deduction for a Married (separate) Filer in 2021 is $ 12,550.00. The federal federal allowance for Over 65 years of age Married (Joint) Filer in 2021 is $ 1,350.00 Virginia Residents State Income Tax Tables for Married (Joint) Filers in 2021įederal Married (separate) Filer Tax Tables The federal standard deduction for a Married (Joint) Filer in 2021 is $ 25,100.00. Personal Income Tax Rates and Thresholds (Annual) Tax Rate The federal federal allowance for Over 65 years of age Single Filer in 2021 is $ 1,700.00 Virginia Residents State Income Tax Tables for Single Filers in 2021 The federal standard deduction for a Single Filer in 2021 is $ 12,550.00. This alignment with the federal system underscores the importance of being well-informed about federal tax laws and changes, as these directly and exclusively influence your tax responsibilities in Virginia. For individuals and businesses in Virginia, these Federal Tax Tables become the sole reference point for understanding how much tax is due on their income. They provide the necessary brackets and rates that will define your tax obligations. Given that the state adheres strictly to the Federal Income Tax system and does not levy its own income tax, these tables are the primary, and indeed only, guide to your income tax calculations for Virginia in 2024. Federal Income Tax Tables in 2021Īs you review the Federal Income Tax tables presented here, it's crucial to understand their heightened significance for taxpayers in Virginia. This unique approach simplifies the tax calculation process, as you only need to refer to the Federal Tax Tables to understand your tax responsibilities for 2024. This means that for residents or income earners in Virginia, their tax obligations and 2025 tax return are determined entirely by the federal tax brackets and rates, without any additional state-level income tax considerations. Instead, all income tax calculations for the year 2021 are based solely on the Federal Income Tax system. Federal Retirement Plan Thresholds in 2021Īs you navigate through the tax information for 2021 on this page, it's important to note that Virginia does not impose its own income tax.
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