File state of louisiana taxes
For fiscal year taxpayers, returns and payments are due on the 15th day of the fifth month after the close of the fiscal year. The tax is determined using tax tables furnished by the Louisiana Department of Revenue. The tax rate is applied in a graduated scale using the taxpayer's filing status and the taxpayer's Louisiana taxable income.
Recent changes to the tax rate are reflected as follows:. Revised Statute allows a six-month extension of time to file the individual income tax return to be granted on request. The extension request must be made before the state tax filing due date, which is May 15th for calendar year filers or the 15th day of the fifth month after the close of a fiscal year.
Tax preparers can also utilize the bulk extension filing application to submit multiple extension requests. An extension does not allow an extension of time to pay the tax due. Payments received after the return due date will be charged interest and late payment penalty. Resident taxpayers who are required to file a federal individual income tax return are required to file a Louisiana income tax return, IT , reporting all of their income.
If a Louisiana resident earns income in another state, that income is also taxable by Louisiana. A temporary absence from Louisiana does not automatically change your domicile for individual income tax purposes. As a resident taxpayer, you are allowed a credit on Schedule G for the net tax liability paid to another state if that income is included on the Louisiana return.
Residents may be allowed a deduction from taxable income of certain income items considered exempt by Louisiana law. In each case, the amount of income subject to a deduction must be included on the Louisiana resident return before the deduction can be allowed.
Nonresident and part-year resident taxpayers who are required to file a federal individual income tax return are required to file a Louisiana income tax return, ITB , reporting all income earned from Louisiana sources. The calculation for the ITB requires that a taxpayer report all income from all sources in order to determine a ratio of Louisiana adjusted gross income to Federal adjusted gross income.
Only income earned from Louisiana sources, however, is taxed. Gambling winnings earned in Louisiana is considered to be Louisiana sourced income. Louisiana income tax changes that went into effect on Jan. However, tax time is a good opportunity to review withholding and deductions to avoid a surprise tax bill when filing returns next year.
Taxpayers with income from sources other than wages should consider decreasing the number of exemptions or dependents claimed, or increasing the amount of tax withheld each pay period. Read Revenue Information Bulletin for more information about income tax changes from Act , including important changes for two major income tax deductions — the federal income tax liability deduction and the excess federal itemized personal deduction — beginning with the tax year.
Click to share on Facebook Opens in new window Click to share on Twitter Opens in new window Click to print Opens in new window Click to email this to a friend Opens in new window. Louisiana state income tax filing begins Jan.
January 13 brings awareness to child abduction. Login Forgotten your password? Reset Password. Don't Miss U. Louisiana state income tax filing begins Jan. The date coincides with the date the IRS begins accepting federal income tax returns. The deadline for filing state income tax returns is May Register now for more article access.
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