Louisiana State Taxes
Below is a short summary of State taxes in Louisiana. For more information, contact the Louisiana Department of Revenue at 225-219-0102.
Sales Tax: 4% (prescription drugs exempt, food to be exempt in 2002) Local Sales Tax varies.
Gasoline Tax: 20 cents per gallon
Diesel Fuel Tax: 20 cents/gallon
Gasohol Tax: 20 cents/gallon
Personal Income Tax
Tax Rate Range: Low - 2%; High - 6%
Income Brackets:Lowest - $10,000; Highest - $50,000 Number of Brackets: 3 Personal Exemptions:
- Single - $4,500;
- Married - $9,000;
- Dependents - $1,000
- 65 and older - $1,000
Standard Deduction: Included in personal exemptions
Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: Partial to full
Public Pension Exclusion: Most Louisiana State Retirement Pensions - Exclusion Full
Private Pension Exclusion: 65 and older - $6,000
Social Security Exemption: Full |
