Utah

Tax Rate Range: Low - 2.3%; High - 6.98%
Income Brackets: * Lowest - $1,000; Highest - $5,500
Number of Brackets: 6
Personal Exemptions: ** Single - $2,400; Married - $4,800; Dependents - $2,400
Standard Deduction: Single - $4,750; Married filing jointly - $9,500
Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: 50% of federal taxes
Retirement Income Taxes: Each taxpayer who was age 65 or older at the end of the tax year may be entitled to a retirement exemption of up to $5,700. A married couple filing a joint return may claim up to $15,000, if they are both 65 or older, depending on their income. This is in addition to the standard or itemized deduction and their Utah personal exemptions. The deduction and exemption are reduced by 50 cents for each dollar of income exceeding $32,000 for married taxpayers filing jointly, and $25,000 for single taxpayers.
Each taxpayer who was under age 65 at the end of the tax year and received retirement income, may qualify to deduct up to $4,800 of the qualifying income. The deduction is only available to the taxpayer who earned the qualifying income. A surviving spouse is entitled to this deduction for qualified income received on behalf of a deceased spouse; children or other nonspouse recipients are not entitled to the deduction. Qualifying income for those under age 65 include pensions, annuities, taxable social security benefits (excluding disability and survivor benefits), early retirement distribution if the retiree meets the retirement criteria of the employers plan, and qualified income received by a surviving spouse on behalf of a deceased employee. For more information, click here.
Retired Military Pay: Up to age 65, individual can deduct up to $4,800 of qualified retirement; $7,500 at age 65 or older. Deductions apply to survivor benefits.
Military Disability Retired Pay: Disability Portion - Length of Service Pay; Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless combat incurred. Retired Pay - Based solely on disability: Member on September 24, 1975 - No tax; Not Member on September 24, 1975 - Taxed, unless all pay based on disability and disability resulted from armed conflict, extra-hazardous service, simulated war, or an instrumentality of war.
VA Disability Dependency and Indemnity Compensation: Not subject to federal or state taxes
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.
* For joint returns, the taxes are twice the tax imposed on half the income.
** Utah allows a personal exemption equal to 75% of the federal exemption.

Sales Taxes

State Sales Tax: 4.75% (prescription drugs exempt); 2% on residential utilities; 2.75% on food and food ingredients; local option taxes may raise the total tax to 6.35%.
Gasoline Tax: 24.5 cents/gallon
Diesel Fuel Tax: 24.5 cents/gallon
Cigarette Tax: 69.5 cents/pack of 20

Property Taxes

Property taxes are assessed and collected locally. The taxable value of tangible personal property and real property except residential property is assessed at 100% of its fair market value, less any exemptions that may be permitted. Residential property owned by persons age 65 and over claiming tax abatement for the poor is assessed at 35% of fair market value. The assessed valuation of a residential property is 55% of its fair market value. The median rate is $1.30/$1,000. Homeowners 65 and older who earn $23,108 or less can get a credit for property taxes paid up to $616, plus a credit equal to the tax on 20 percent of their property's fair market value. A circuit breaker tax credit for persons age 65 or over (or surviving spouse) permits an abatement or deferral of property taxes but the amount of the credit varies with household income and can apply to the portion of rent that goes to pay property taxes. Contact the Tax Commission at 801-297-3600 for details or click here.

Estate Tax

There is no inheritance and the estate tax is limited and related to federal estate tax collection.
For further information, visit the Utah State Tax Commission site or call 800-662-4335.