States Tax Credits for High Tax States

The 10 highest income tax states for 2018 are:

  • California 13.3%
  • Hawaii 11%
  • Oregon 9.9%
  • Minnesota 9.85%
  • Iowa 8.98%
  • New Jersey 8.97%
  • Vermont 8.95%
  • District of Columbia 8.95%
  • New York 8.82%
  • Wisconsin 7.65%

Only seven states have no personal income tax:

  • Wyoming
  • Washington
  • Texas
  • South Dakota
  • Nevada
  • Florida
  • Alaska

If you are a business owner in a high-tax state, we recommend that you look into the many State Tax Credits that are available at the state level. For example, New York State offers a Hire-A-Vet Credit, Urban Youth Credit, Workers With Disabilities Credits, and more. If you hire a lot of employees, these tax credits can help you offset thousands of dollars in state taxes owed. Especially for owners of S-Corporations, these tax credits flow through to your personal income tax returns. Call us at WOTC.com to help you reduce your tax burden.

Scroll to Top