Some calculators may use taxable income when calculating the average tax rate. This calculator estimates the average tax rate as the state income tax liability divided by the total gross income.

North Carolina state tax includes a flat personal income tax rate of 4.5%. The state's sales taxes are generally considered to be near the national average and the state's property taxes are ...

Sports betting winnings over $600 may be taxable. Learn how W-2G forms work, what happens if you don’t report, and how to ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet.

A proposed bill would allow you to deduct losses from winnings but as of now, you have to pay state taxes on anything you win ...