| State |
2018
% |
2019
% |
Bracket |
Remarks |
|
AL |
6.5 |
6.5 |
|
The return is due on the 15th day
of the third month following the end of the tax period. |
|
AK |
0 |
0 |
$0.00-$25,000 |
Payment of the Alaska
tax must be made on or before the 15th day of the third
month after the close of the tax year. The payment due date
cannot be extended. |
| 9.4 |
9.4 |
$222,000-over |
|
AZ |
4.9 |
4.9 |
|
The return is due by the 15th day of the fourth month
following the close of the taxable year for regular ("C")
corporations. For "S" corporations, taxes imposed are due on
the 15th day of the third month following the close of the
taxable year. |
|
AR
[FAQ] |
1 |
1 |
$0.00 |
Arkansas corporation
income tax returns to be filed on or before the 15th day of
the third month after the close of the corporation’s tax
year. |
|
2 |
2 |
$3,001 |
|
3 |
3 |
$6,001 |
|
4 |
5 |
$11,001 |
|
5 |
6 |
$25,001 |
|
6.5 |
6.5 |
$100,001 |
|
CA |
8.84 |
8.84 |
|
This rate is for corporations other
than banks and financials.
S Corporation = 1.5%
|
|
10.84 |
10.84 |
|
This rate is for Banks and
Financials.
S Corp [Banks/Financials] = 3.5% |
|
CO |
4.63 |
4.63 |
|
The payments will be due for fiscal
year filers on the 15th day of the fourth, sixth, ninth and
twelfth month of the tax year. If the due date falls on a
Saturday, Sunday or state holiday, payment is due on the
next business day.
Estimated tax payments are due in four
equal installments on
-April 15 (first calendar quarter)
-June 15 (second calendar quarter)
-September 15
(third calendar quarter)
-December 15 (fourth calendar
quarter) |
|
CT |
7.5 |
7.5 |
|
If your corporation’s tax
liability, after credits, will exceed $1,000, you must make
quarterly estimated payments. Estimated payments are due on
the 15th day of the 3rd, 6th, 9th and 12th months of the
year.
There is a biennial (every other year) tax of
$250 |
|
DE |
8.7 |
8.7 |
|
Delaware corporate income tax
returns are due in the case of a calendar year taxpayer, on
or before April 1 of the following year. In the case of a
fiscal year taxpayer, the return is due on or before the
first day of the fourth month following the close of the
fiscal year. |
|
FL |
5.5 |
5.5 |
|
The due date is based on the
corporation's tax year. |
|
GA |
6 |
6 |
|
All corporations doing business in
Georgia for the first time must file an initial net worth
return on or before the fifteenth day of the third calendar
month after incorporation or qualification in the state (for
C corporations, 15th day of the fourth month for net worth
years beginning on or after January 1, 2017. |
|
HI
[FAQ] |
4.4 |
4.4 |
$0.00 |
Income tax returns and
tax payments are due on the 20th day of 4th month after the
close of the tax year. Estimated income tax payments are due
on the 20th of April, June, September, and January for
calendar year taxpayers. For fiscal year taxpayers,
estimated income tax payments are due on the 20th day of the
4th, 6th, and 9th months of the fiscal year, and on the 20th
day of the 1st month after the close of the fiscal year. |
| 5.4 |
5.4 |
$25,000 |
| 6.4 |
6.4 |
$100,000 |
|
ID |
7.4 |
6.925 |
|
If the tax is less than $20, a
minimum income tax payment of $20 is required. |
|
IL |
7 |
7 |
|
New
law passed in July 2017 raised the rate to 7%. a
33% increase. |
|
IN |
5.75 |
5.75 |
|
1 Jul, 2017: 6.0%
1 Jul 2018:
5.75%
1 Jul 2019: 5.5%
1 Jul 2020: 5.25%
1 Jul
2021: 4.9%
Effective Jan. 1, 2013, ALL
businesses in Indiana must file and pay their sales and
withholding taxes electronically. |
|
IA |
6 |
6 |
$0.00 |
Corporation tax returns
must be filed by the last day of the 4th month after the
close of the tax year. |
|
8 |
8 |
$25,000 |
|
10 |
10 |
$100,000 |
|
12 |
12 |
$250,000 |
|
KS |
7 |
7 |
$50,000-over |
4% + 3% surtax |
|
KY |
4 |
5 |
$0.00 |
Paying Estimated Taxes |
| 5 |
$50,000 |
|
6 |
$100,000 |
|
LA |
4 |
4 |
$0.00 |
1st day following last
day of taxable year; 15th day of 4th, 6th, 9th, and 12th
months of taxable year. |
|
5 |
5 |
$25,000 |
|
6 |
6 |
$50,000 |
|
7 |
7 |
$100,000 |
|
8 |
8 |
$200,000-over |
|
ME |
3.5 |
3.5 |
$0.00 |
The Maine corporate
income tax return (Form 1120ME) is due on the same date as
your federal corporate income tax return (the fifteenth day
of the third month after the end of the tax year), without
regard to an extension to file. |
|
7.93 |
7.93 |
$25,000 |
|
8.33 |
8.33 |
$75,000 |
|
8.93 |
8.93 |
$250,000 |
|
MD |
8.25 |
8.25 |
|
Every corporation that reasonably
expects its Maryland taxable income to develop a tax in
excess of $1,000 for the tax year or period must make
estimated income tax payments. |
|
MA |
8 |
8 |
|
On or before the 15th day of the
third month after close of taxable year.
S C
orporations: 1.93% |
|
MI |
6 |
6 |
|
Taxpayers with less than $350,000
in allocated or apportioned gross receipts and/or less than
or equal to $100 in annual liability are not required to
file or pay the Corporate Income Tax (CIT). |
|
MN |
9.8 |
9.8 |
|
All corporations (both S and C
corporations), partnerships, and LLCs must pay a minimum fee
based on the sum of their Minnesota property, payroll, and
sales. |
|
MS |
3 |
3 |
$5,000.00 |
Every corporation, domesticated or qualified to do
business in Mississippi must file a return even if the
corporation is inactive or not engaged in business. |
|
4 |
4 |
$5,000-$10,000 |
|
5 |
5 |
above $10,000 |
|
MO |
6.25 |
6.25 |
|
The due date for most corporations
is the 15th day of the fourth month after the close of the
taxable year. |
|
MT |
6.75 |
6.75 |
|
There is a minimum tax of $50.
However, if a corporation has no property, payroll or sales
in Montana during the tax period, it is excluded from the
minimum payment.
Corporations making a "water's
edge" election are required to pay tax at a rate of 7%.
Due Dates:
Calendar Year: May 15
Fiscal Year:
The 15th day of the 5th month following the fiscal year end.
|
|
NE |
5.58 |
5.58 |
$0-$100,000 |
The due date for the
Nebraska corporation income tax return is the 15th day of
the third month following the close of the taxable year. |
| 7.81 |
7.81 |
$101,000-over |
| NV |
0 |
|
|
Also, no State personal tax rate. |
|
NH |
8.2 |
7.9 |
|
1 Jan 2017: 8.2
1 Jan 2019: 7.9
1 Jan 2020: 7.7
1 Jan 2022: 7.5
Organizations with $50,000 or less
of gross receipts from all their activities are not required
to file a return. |
|
NJ |
6.5 |
6.5 |
$0-$50,000 |
The due date for the
filing of a CBT-100 is the 15th day of the fourth month
following the ending month of the accounting period. |
| 7.5 |
7.5 |
$100,000 |
| 9 |
9 |
$101,000-over |
|
NM |
4.8 |
4.8 |
$0-$500,000 |
The return is due on
the 15th day of the third month following the close of the
tax year.
After 1 Jan 2018:
4.8% - $0-$500,000
5.9% - $500,000-over |
| 6.2 |
4.8 |
$0-$500,000 |
|
5.9 |
$500,000-over |
|
NY |
0.0 - 6.5 |
6.5 |
|
Due on or before March 15 (Calendar
year); Within 2 ½ months after end of reporting period
(Fiscal year).
Qualified Small Business: 6.5%
($290,000 or less);
Qualified emerging technology
companies: 5.7% |
|
NC |
3 |
3 |
|
1/1/2015: 5%
1/1/2016: 4%
1/1/2017: 3%
The
rate will be further reduced to 4% during the 2016 tax year
and to 3% for post-2016 tax years provided that specified
revenue growth targets are reached. |
|
ND |
1.41 |
1.41 |
$0.00 |
The return is due on
the 15th day of the fourth month following the close of the
tax year. |
| 3.55 |
3.55 |
$25,000 |
| 4.31 |
4.31 |
$50,000 |
|
OH |
.26 |
.26 |
$150,000 or more |
.26 Gross Receipt Tax on businesses
that earn $150,000 or more. Known as the Commercial
Activity Tax (CAT). Only applicable to taxable gross
receipts (i.e. gross receipts sourced to ohio). |
|
OK |
6 |
6 |
|
Corporate returns are due on the
15th day of the third month following the close of the
taxable year. |
|
OR |
6.6 |
6.6 |
$0.00 |
Oregon corporation
returns are due the 15th of the month following the due date
of the corresponding federal return. You must make quarterly
estimated tax payments if you expect to owe tax of $500 or
more with your return. |
| 7.6 |
7.6 |
$10,000,000 |
|
PA |
9.99 |
9.99 |
|
A Corporate Tax Report (RCT-101) is
due annually on April 15 of the year following the tax year
for which the report is submitted for calendar year
reporting corporations, or 30 days after the federal due
date for corporations reporting to the Federal Government on
a fiscal year basis. |
|
RI |
7 |
0.99%-9.59% |
|
The annual corporate minimum tax
remains at $500. |
|
SC |
5 |
5 |
|
S Corporation: 5%
File annually on or before the 15th
day of the third month after the close of the taxable year
except for the initial and/or final return. |
| SD |
0 |
0 |
|
Also, no State personal tax rate. |
|
TN |
6.5 |
6.5 |
|
Your business tax return is due on
the 15th day of the fourth month following the close of your
books and records.
The business tax rates vary,
depending on your classification and whether you are a
retailer or a wholesaler. However, every taxpayer must pay
at least a minimum tax of $22. |
| TX |
0 |
0 |
|
Also, no State personal tax rate. |
|
UT |
5 |
5 |
|
5% of taxable income or $100,
whichever is greater. |
|
VT |
6 |
6 |
$0.00 |
Any corporation
anticipating a Vermont tax liability over $500 must make
estimated payments of the 15th day of the 4th, 6th, 9th, and
12th months of the corporation’s taxable year. |
|
7 |
7 |
$10,000 |
|
8.5 |
8.5 |
$25,000 |
|
VA |
6 |
6 |
|
A domestic corporation must file a
Virginia income tax return each year, even if it has no
income to report. Beginning January 1, 2013 for Corporations
(Form 500 filers), all estimated tax payments and extension
payments must be paid electronically. Beginning with taxable
year 2005, Virginia law provides an automatic filing
extension of six months for the filing of income tax
returns. There is no extension of time granted for payment
of taxes due. |
| WA |
0 |
|
|
Also, no State personal tax rate. |
|
WV |
6.5 |
6.5 |
|
Corporation
which can reasonably
expect its West Virginia taxable income to be in excess of
$10,000 (which equals a tax liability after tax credits in
excess of $650.00) and are due in four equal installments on
the 15th day of the fourth, sixth, ninth, and twelfth months
of the tax year. |
|
WI |
7.9 |
7.9 |
|
Franchise tax is applied to
domestic corporations at a rate of 7.9%. Income tax is
applied to foreign corporations at a rate of 7.9%. |
| WY |
0 |
0 |
|
Also, no State personal tax rate. |
|
D.C. |
8.25 |
8.25 |
|
-$250 minimum tax, if DC gross
receipts are $1 million or less
-$1,000 minimum tax,
if DC gross receipts are more than $1 million |
