Arizona’s Raising Our Withholding Taxes

Since I take care of Mr. A’s transaction privilege taxes online, I get a monthly email with reminders, updates and changes to Arizona taxes.  A couple of weeks ago, an additional one came through stating that Senate Bill 1185 had been approved and our withholding will be increased beginning May 1, 2009.

It’s not a lot, but Arizona withholding taxes are going up. Here’s a screenshot of the increases:

Arizona Withholding Rates If you review my earlier post, on how to calculate your withholding – Your Paycheck Should Get Bigger in April – you’ll see that I used the rate of 37%.

$40.70 was being taken from your check, but now $46.86 will be withheld.

Here’s the new tally:

Net Pay Your take home pay is now $1228.39.

Mrs. Accountability
*Please remember I am not a tax professional. The information in this post is from my own personal experience and based on research for my personal situation.*

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