Calculate your take home pay after federal & Louisiana taxes
Last updated on Jul 16 2021
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Louisiana state income tax
Brief summary:
- the income tax rate ranges from 2% to 6%
- no local income taxes
- no additional state payroll tax
- no standard deduction
- no Child Tax Credit (CTC)
Louisiana fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.
Calculation of the income tax is similar to the 5 steps listed on our Federal paycheck calculator:
- figure out your filing status
- work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
- calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
- understand your tax liability [Taxable income Γ Tax rate = Tax liability]
- determine whether your tax liability is more than your tax credits and withheld
- Tax liability – (Credits + Withheld) = What you owe or
- (Credits + Withheld) – Tax liability = Tax refunds
State payroll tax
Some states have payroll taxes such as:
- State Unemployment Insurance (SUI)
- State Disability Insurance (SDI)
- State Family Leave Insurance (FLI)
However, Louisiana has nope of these additional insurance taxes. Only federal FICA taxes will be deducted from your paycheck.
Income tax brackets
Tax brackets are split into single and married filers. For more information on tax brackets, please refer to Tax Foundation.
| Fiscal year | Filing status | Taxable income | Rate |
|---|---|---|---|
| 2021 2020 |
Single | $0 – $12,500 | 2% |
| $12,500 – $50,000 | 4% | ||
| $50,000+ | 6% | ||
| Married, Filing Jointly or Widow(er) | $0 – $25,000 | 2% | |
| $25,000 – $100,000 | 4% | ||
| $100,000+ | 6% | ||
| Married, Filing Separately | $0 – $12,500 | 2% | |
| $12,500 – $50,000 | 4% | ||
| $50,000+ | 6% | ||
| Head of Household | $0 – $12,500 | 2% | |
| $12,500 – $50,000 | 4% | ||
| $50,000+ | 6% |
Deductions
Louisiana does not have a standard deduction.
Exemptions
You can claim yourself and another dependent(s) as an exemption(s). For more information on personal exemptions, please refer to Tax Foundation.
| Fiscal year | Filing status | Personal exemption amount |
|---|---|---|
| 2021 2020 |
Single Married, Filing Separately Head of Household |
$4,500 |
| Married, Filing Jointly | $9,000 | |
| Dependent | $1,000 each |
Earned Income Tax Credit (EITC)
Louisiana is one of the few states which offer a tax credit for earned income. For more information on Louisiana’s tax credit, please refer to TCWF
| Fiscal year | Percentage of Federal EITC | Refundable |
|---|---|---|
| 2021 2020 |
5% | Yes |
Child Tax Credit (CTC)
Louisiana does not have a Child Tax Credit.
FAQs
What taxes do Louisianan pay?
Besides federal income taxes, Louisianans need to pay state income tax ranging from 2% to 6% depending on the income level. There is no state EITC (payroll tax) such as State Unemployment Insurance (SUI), which is mandatory in some states.
How much do you make after taxes in Louisiana?
If you're single without any dependent with an annual income of $50000, then your annual paycheck after federal and state income taxes is $40310
If you're married without any dependent with a combined annual income of $100000, then your annual paycheck after federal and state income taxes is $80620