1/1/20255/6/2026Tax basis -- Tax rate -- Exemption.A tax is imposed on the state taxable income of a resident individual as provided in this section.For purposes of Subsection (1), for a taxable year, the tax is an amount equal to the product of:the resident individual's state taxable income for that taxable year; and4.5%.This section does not apply to a resident individual exempt from taxation under Section 59-10-104.1.