Get Pub-14.pdf - Utah State Tax Commission

Utah Tax Rates, Collections, and Burdens Utah has a flat 4.55 percent individual income tax rate. Utah has a 4.55 percent corporate income tax rate. Utah also has a 6.10 percent state sales tax rate and an average combined state and local sales tax rate of 7.25 percent.

Utah law exempts Utah state and local governments from sales and use tax on purchases of goods and services used in the exercise of essential government functions. When making an exempt purchase, provide the vendor a completed form TC-721G (Exemption Certificate for Governments & Schools).

The Utah withholding account number is a 14-character number. The first eleven characters are numeric and the last three are “WTH.” Do not enter hyphens. Example: 12345678901WTH. If form W-2 or 1099 does not include this number, contact the employer or payer to get the correct number to enter on TC-40W, Part 1.

If your federal adjusted gross income is less than or equal to your federal standard deduction, you are exempt from Utah income tax.

Non-profit and charitable organizations are eligible to apply to have their real property and personal business property to be exempt from taxation (Utah Code 59-2-1101 and Utah State Constitution, Article XIII, Section 3).

Withholding Formula (Effective Pay Period 12, 2023) Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the gross annual wages. Multiply the annual taxable wages by 4.65 percent to determine the annual gross tax amount. Calculate the annual withholding allowance.

Yes. Nonprofit corporations in Utah are eligible for corporate income tax, franchise tax, sales tax, and property tax exemptions if they meet the requirements of the UT state and local governments.

Sales tax applies to retail sales and leases of tangible personal property, products transferred electronically, and certain services purchased for storage, use or consumption in Utah.