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Arizona Schedule APY Itemized Deductions for Part Year Residents  Form

Arizona Schedule APY Itemized Deductions for Part Year Residents Form

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holy cow a balanced budget what is that how is that possible well Arizona apparently balanced their budget earlier than they thought they would so taxation has gone to a flat tax as promised 2023 two and a half percent across the board that's it we've simplified Arizona Taxation and typically when I talk about financial planning and tax planning I only talk about Federal because this is pretty inconsequential on a tax return and it's not going to change decisions that we make okay the other thing that's cool about Arizona standard deduction is 13 850 for a single person 27 7 for married and if you are over 65 it's 2100 additional so if you're married that's an extra forty two hundred dollars you get to add to that standard deduction and Social Security is still not taxed that sounds like very low taxation here in Arizona now our uh real estate taxes they're actually relatively low compared to the rest of the world as well

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