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Archer Medical Savings Account (MSA) in Arkansas 2026

Calculate your archer medical savings account (msa) tax savings in Arkansas. With Arkansas's 4.7% top state tax rate, your combined savings are higher.

Arkansas Tax Overview

State Income Tax
4.7%
progressive
Sales Tax
6.5%
avg combined: 9.44%
Property Tax Rate
0.62%
Median Income
$52,528

Top rate reduced to 4.7%. 50% capital gains exclusion on Arkansas assets. Highest combined sales taxes.

Arkansas Income Tax Brackets (Single)

0%
$0 - $4,400
2%
$4,400 - $8,800
3%
$8,800 - $13,100
3.4%
$13,100 - $22,200
4.4%
$22,200 - $38,500
4.7%
$38,500 +
Your bracket
$1,028
Est. Total Savings
$3,850
Max Deduction
Above-the-Line
Deduction Type
26.7%
Combined Tax Rate

Archer Medical Savings Account (MSA) Savings Calculator for Arkansas

$
$

Federal Savings

$847

22% bracket

Arkansas State

$181

4.7% rate

Total Savings

$1,028

26.7% combined

At a 26.7% combined tax rate in Arkansas, every $1,000 in deductions saves you $267 in taxes.

Savings by Tax Bracket in Arkansas

10%
$735
12%
$835
22%
$1,335
24%
$1,435
32%
$1,835
35%
$1,985
37%
$2,085

Includes 4.7% Arkansas state tax on top of federal savings.

Eligibility Requirements

Self-employed individuals or employees of small employers with high-deductible health plans

  • 1Must have qualifying high-deductible health plan
  • 2Self-employed or employee of small employer (50 or fewer)
  • 3No new Archer MSAs — only existing accounts

Arkansas residents should verify that this deduction is also recognized on their state tax return for additional savings of up to 4.7%.

Common Mistakes to Avoid

  • !Trying to open a new Archer MSA (no longer available)
  • !Not rolling over to an HSA for better benefits
  • !Using funds for non-qualified medical expenses
  • !Forgetting to claim the deduction on your Arkansas state return (missing up to 4.7% additional savings)

Arkansas Filing Tips

Maximize the 50% capital gains exclusion on Arkansas-based business or property sales. The state standard deduction is low ($2,340 single), so itemizing may be worthwhile.

Required Tax Forms

Form 8853Form 1040

File these forms with your federal tax return to claim the archer medical savings account (msa). Arkansas may require additional state-specific forms.

Other Tax Deductions in Arkansas

Medical & Dental Expenses

Medical

~$3,641
est. savings

Self-Employed Health Insurance

Medical

~$6,068
est. savings

HSA Contribution Deduction

Medical

~$2,185
est. savings

Long-Term Care Insurance

Medical

~$2,427
est. savings

Medical Travel Expenses

Medical

~$971
est. savings

Flexible Spending Account (FSA)

Medical

~$1,092
est. savings

Medical Equipment & Devices

Medical

~$1,820
est. savings

Therapy & Counseling

Medical

~$2,427
est. savings

Archer Medical Savings Account (MSA) in Neighboring States

Missouri

4.8% top rate (progressive)

~$1,827
+799 vs Arkansas

Tennessee

No state income tax

~$1,500
+472 vs Arkansas

Mississippi

4.7% top rate (flat)

~$1,820
+792 vs Arkansas

Louisiana

3% top rate (flat)

~$1,705
+677 vs Arkansas

Texas

No state income tax

~$1,500
+472 vs Arkansas

Oklahoma

4.75% top rate (progressive)

~$1,824
+796 vs Arkansas

Tax Calculators for Arkansas Cities

Little RockFayettevilleFort SmithSpringdaleJonesboroRogersConwayNorth Little RockBentonville

Calculate Your Full Tax Savings in Arkansas

Use our free tax calculators to optimize your entire tax return for Arkansas.

Income Tax CalculatorArkansas Income TaxFull Archer Medical Savings Account (MSA) Guide

Frequently Asked Questions

How much can I save with the Archer Medical Savings Account (MSA) in Arkansas?

In Arkansas, the archer medical savings account (msa) can save you an estimated $1,028 per year on a $5,000 deduction. This includes $847 in federal tax savings and $181 in Arkansas state tax savings at the 4.7% marginal rate. The national average savings is $1,500/year.

What is the Arkansas state income tax rate?

Arkansas has a progressive income tax system with a top rate of 4.7%. Top rate reduced to 4.7%. 50% capital gains exclusion on Arkansas assets. Highest combined sales taxes.

Who qualifies for the Archer Medical Savings Account (MSA) in Arkansas?

Self-employed individuals or employees of small employers with high-deductible health plans. The eligibility requirements are the same whether you live in Arkansas or another state, as this is a federal tax deduction. However, your total savings will vary based on Arkansas's 4.7% top state tax rate.

What tax forms do I need to claim the Archer Medical Savings Account (MSA) in Arkansas?

To claim the archer medical savings account (msa), you need to file Form 8853 and Form 1040 with your federal return. Arkansas residents should also check if the state allows this deduction on their state return for additional savings of up to 4.7%. Filing status affects your deduction limits and tax bracket.

Is the Archer Medical Savings Account (MSA) better in Arkansas than in states without income tax?

Yes, Arkansas residents benefit more because the state's 4.7% top income tax rate means the deduction reduces both your federal AND state tax liability. In states with no income tax (like Texas, Florida, or Nevada), this deduction only reduces federal taxes. Your combined rate of 26.7% means more savings per dollar deducted.

What is the standard deduction in Arkansas for 2026?

Arkansas's standard deduction is $2,340 for single filers and $4,680 for married filing jointly. Maximize the 50% capital gains exclusion on Arkansas-based business or property sales. The state standard deduction is low ($2,340 single), so itemizing may be worthwhile.

Related Calculators

Medical & Dental Expenses in Arkansas

Avg savings: $3,000/year

Self-Employed Health Insurance in Arkansas

Avg savings: $5,000/year

HSA Contribution Deduction in Arkansas

Avg savings: $1,800/year

Long-Term Care Insurance in Arkansas

Avg savings: $2,000/year

Medical Travel Expenses in Arkansas

Avg savings: $800/year

Flexible Spending Account (FSA) in Arkansas

Avg savings: $900/year