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  2. Tax rates: The tax rates for tax years beginning after 12/31/2015 and before 1/1/2022 are: 4% of the taxable income. $400, plus 6% of the excess over $10,000. $2,200, plus 6.5% of the excess over $40,000. $3,500, plus 8.5% of the excess over $60,000. $28,150, plus 8.75% of the excess above $350,000.

  3. otr.cfo.dc.gov| otr

    Latest. Press Releases. 10. 4/20 Medical Cannabis Sales Tax Holiday Week for 2024. View information on the Tax Holiday Week for 2024. 29. District of Columbia Tax Filing Season Begins Today. (Washington, DC) – The District of Columbia Office of Tax and Revenue (OTR) will begin to accept...

    • Personal Income Tax
    • Sales Taxes
    • Personal and Real Property Taxes
    • Inheritance and Estate Taxes
    • Other Washington, D.C. Tax Facts

    Washington, D.C., levies income taxesfrom residents utilizing 5 tax brackets. 1. 4% on the first $10,000 of taxable income. 2. 6% on taxable income between $10,001 and $40,000. 3. 7% on taxable income between $40,001 and $60,000 4. 8.5% on taxable income between $60,001 and $350,000. 5. 8.95% on taxable income of $350,001 and above. Income from Soc...

    The general consumer sales taxin the District of Columbia is 5.75%. However, Washington, D.C., actually levies a sales tax with 5 different rates. This rate structure is utilized, in part, to take advantage of the district’s special status as a tourist center and to increase the contribution of nonresidents working in the city. The current sales ta...

    Property assessments are conducted by the Office of Tax and Revenue’s Real Property Tax Administration, Assessment Division. There are 4 classes of real property in the District of Columbia. Class 1 is residential real property including multifamily. Class 2 is commercial and industrial real property including hotels and motels. Class 3 is vacant r...

    The District of Columbia no longer collects an inheritance tax The district’s estate tax is decoupled from the federal estate tax laws and therefore still imposes its own estate tax. A D.C. Estate Tax Return (Form D-76or D-76 EZ) must be filed if the gross estate is $1 million or more.

    The District of Columbia’s Ballpark Omnibus Financing Revenue Act of 2004was enacted to help repay the bonds issued to build the city’s Major League Baseball ballpark. The tax is assessed on entities with annual gross receipts of $5 million or more. The D.C. earned income tax credit has been expanded to noncustodial parents who meet certain conditi...

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