I just moved to Arizona and am trying to understand state income tax and what my take home pay will be (can't wait for an accurate paystub to confirm) and the Arizona Dept of revenue doesn't seem to know.
Say I make 50000/year but I take out 5000 in pre-tax deductions such as employer medical insurance premiums, 401k, Health savings acct.
When I get my W-2 my federal taxable wages are 45000 now because the 5000 reduced my tax liability at the federal level. For the state of Arizona, are my state taxable wages 50000 or 45000, or a number in between (or social security taxable wages do not include 401k as a deduction)
Say I make 50000/year but I take out 5000 in pre-tax deductions such as employer medical insurance premiums, 401k, Health savings acct.
When I get my W-2 my federal taxable wages are 45000 now because the 5000 reduced my tax liability at the federal level. For the state of Arizona, are my state taxable wages 50000 or 45000, or a number in between (or social security taxable wages do not include 401k as a deduction)