Florida Income Tax Calculator
Estimate your Florida income tax burden
Updated for 2024 tax year on Jul 23, 2024
Income tax calculators by state
How to calculate your Florida income taxes
Table of Contents
Quick Florida tax facts
- State income tax: 0%
- State sales tax: 6%
- Property tax: 0.83%
- Gas tax: 36.9 cents per gallon
- Tobacco tax: $1.34 on a pack of 20 cigarettes
- Insurance premium tax: 1.75%
Understanding your Florida income taxes
In Florida, residents bask in the glow of having no state income tax. This tax-friendly environment attracts people from all walks of life, from retirees to business owners, who appreciate the financial breathing room this policy provides.
Although there is no state payroll tax, Florida employers do contribute to the state’s unemployment insurance fund, ensuring workers have a safety net should they encounter employment difficulties.
As there is no state income tax, there are no standard deductions or state exemptions in Florida.
Calculate your income tax in Florida
Since there is no state income tax, there is no need for any income tax calculation.
FAQs
How do I calculate my Florida income tax?
No need to calculate anything since there is no state-level income tax.
How much is $53000 a year after taxes in Florida?
A single filer will have a total income tax of $8,532.50. His/her after-tax income will be $44,467.50.