What is the difference between State and Federal Tax?

manmie1988 · ‎June 4, 2019

WillK · ‎June 4, 2019

There are several differences between State and Federal Tax. The main difference between the two are: The Federal Tax (or federal income tax) is collected by the Federal government essentially to pay the Federal governments bills while the State Tax (state income tax) is collected by the individual states to pay their bills.

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WillK · ‎June 4, 2019

There are several differences between State and Federal Tax. The main difference between the two are: The Federal Tax (or federal income tax) is collected by the Federal government essentially to pay the Federal governments bills while the State Tax (state income tax) is collected by the individual states to pay their bills.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Anthonelbug69 · ‎March 26, 2020

On your tax refunds, what does the Locality name means

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What is the difference between State and Federal Tax?