Tax Information

Personal Income Tax: Residents and nonresidents that earn income in Arizona will pay state income tax. To compute your Arizona income tax, you will start with your federal adjusted gross income. Then you will be able to make certain additions and subtractions to arrive at Arizona taxable income. For instance, you will have an addition to income if you have interest income from non-Arizona municipal bonds. You will have a deduction from income for state tax purposes for social security benefits you receive, and a portion of your income from a U.S. Government and Arizona state or local pension. Arizona taxpayers may take a standard deduction, or itemize. There is one personal exemption allowed per taxpayer, and some may be able to take additional exemptions if there are qualifying dependents.

Estate Tax : Arizona does not impose an inheritance tax or a gift tax.

Property tax on household goods or intangible personal property: Arizona does not have a property tax on household goods or intangible personal property.

 

Sales Tax
As of 2007

Payson		2.12%
Gila County		1%
State		5.6%