INDIVIDUAL TAXATION LAWS- LOUISIANA
The Tax law in the State of Louisiana is governed by Louisiana Revised Code, Title 47 "Revenue and Taxation".
RESIDENT INDIVIDUAL INCOME TAX
- Residents or part-year residents of Louisiana, or nonresidents with income from Louisiana sources who are required to file a federal income tax return must file an Louisiana Tax Return.
- Taxpayers who have overpaid their tax through withholding or declaration of estimated tax must file a return to obtain a refund or credit.
-
Military personnel whose domicile (home of record) is Louisiana and who are required to file a federal income tax return must file a return and report all of their income regardless of where they were stationed. Credit against Louisiana tax may be taken for any net income tax paid to another state on nonmilitary income and income earned by the spouse, provided the income was included on the Louisiana return.
Nonresident and individuals who were part-year residents must report their income from all sources for the period during which they were a resident, plus all income from Louisiana sources for the period they were a nonresident.
DETERMINATION OF TAX
The tax is determined using tax tables furnished by the Department of Revenue. The tables use federal adjusted gross income tax as a reference point. The tables are based on the following:
- Rate of tax
- Single, married filing separately, or head of household:
- First $12,500- 2 percent
- Next $12,500- 4 percent
-
Over $25,000- 6 percent
-
Married filing jointly or qualified surviving spouse:
- First $25,000- 2 percent
- Next $25,000- 4 percent
- Over $50,000- 6 percent
- Personal exemption- Standard deduction
- Single individual- $4,500
- Married-joint return and a qualified surviving spouse- $9,000
- Married-separate return- $4,500
- Head of household- $9,000
- Dependency deduction
- $1,000 for each dependent
- $1,000 for taxpayer and/or spouse who is over 65 years old
-
$1,000 for taxpayer and/or spouse who is blind
NON-RESIDENT INDIVIDUAL INCOME TAX
- Residents or part-year residents of Louisiana, or nonresidents with income from Louisiana sources who are required to file a federal income tax return must file an Louisiana Tax Return.
- Taxpayers who have overpaid their tax through withholding or declaration of estimated tax must file a return to obtain a refund or credit.
-
Military personnel whose domicile (home of record) is Louisiana and who are required to file a federal income tax return must file a return and report all of their income regardless of where they were stationed. Credit against Louisiana tax may be taken for any net income tax paid to another state on nonmilitary income and income earned by the spouse, provided the income was included on the Louisiana return.
Nonresident and individuals who were part-year residents must report their income from all sources for the period during which they were a resident, plus all income from Louisiana sources for the period they were a nonresident.
DETERMINATION OF TAX
The tax is determined using tax tables furnished by the Department of Revenue. The tables use federal adjusted gross income tax as a reference point. The tables are based on the following:
- Rate of tax
- Single, married filing separately, or head of household:
- First $12,500- 2 percent
- Next $12,500- 4 percent
- Over $25,000- 6 percent
- Married filing jointly or qualified surviving spouse:
- First $25,000- 2 percent
- Next $25,000- 4 percent
- Over $50,000- 6 percent
- Personal exemption- Standard deduction
- Single individual- $4,500
- Married-joint return and a qualified surviving spouse- $9,000
- Married-separate return- $4,500
- Head of household- $9,000
- Dependency deduction
- $1,000 for each dependent
- $1,000 for taxpayer and/or spouse who is over 65 years old
- $1,000 for taxpayer and/or spouse who is blind
NON-RESIDENT ATHLETE INCOME TAXES
- Residents or part-year residents of Louisiana, or nonresidents with income from Louisiana sources who are required to file a federal income tax return must file an Louisiana Tax Return.
- Taxpayers who have overpaid their tax through withholding or declaration of estimated tax must file a return to obtain a refund or credit.
- Military personnel whose domicile (home of record) is Louisiana and who are required to file a federal income tax return must file a return and report all of their income regardless of where they were stationed. Credit against Louisiana tax may be taken for any net income tax paid to another state on nonmilitary income and income earned by the spouse, provided the income was included on the Louisiana return.
Nonresident and individuals who were part-year residents must report their income from all sources for the period during which they were a resident, plus all income from Louisiana sources for the period they were a nonresident.
DETERMINATION OF TAX
The tax is determined using tax tables furnished by the Department of Revenue. The tables use federal adjusted gross income tax as a reference point. The tables are based on the following:
- Rate of tax
- Single, married filing separately, or head of household:
- First $12,500- 2 percent
- Next $12,500- 4 percent
- Over $25,000- 6 percent
- Married filing jointly or qualified surviving spouse:
- First $25,000- 2 percent
- Next $25,000- 4 percent
- Over $50,000- 6 percent
- Personal exemption- Standard deduction
- Single individual- $4,500
- Married-joint return and a qualified surviving spouse- $9,000
- Married-separate return- $4,500
- Head of household- $9,000
- Dependency deduction
- $1,000 for each dependent
- $1,000 for taxpayer and/or spouse who is over 65 years old
- $1,000 for taxpayer and/or spouse who is blind
DECLARATION OF ESTIMATED TAX
Every individual whose Louisiana income tax liability can reasonably be expected to exceed $1,000 ($2,000 if joint declaration), after deducting all credits, must file an estimated tax declaration. Underpayment of or failure to pay estimated tax may result in an additional amount due at the rate of 12 percent annually on the amount underpaid.
TAX DUE DATE
All returns and payments of the individuals are due on the 15th day of the fifth month after the close of the taxpayer's fiscal year. For calendar-year filers, the tax is due on May 15.
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