Including Arkansas's 3.9% state income tax
| Gross Salary | $40,000 |
| Federal Income Tax | −$2,762 |
| Social Security (6.2%) | −$2,480 |
| Medicare (1.45%) | −$580 |
| Arkansas State Tax (3.9%) | −$1,560 |
| Take-Home Pay | $32,618 |
On a $40,000 salary in Arkansas, you can expect to take home approximately $32,618 per year, or about $2,718 per month. Your effective total tax rate is 18.5%.