Florida Income Tax Calculator
Estimate your Florida income tax burden
Updated for 2023 tax year on Dec 8, 2023
Income tax calculators by state
Florida state taxes
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%
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.
Florida sales tax
While Florida doesn’t have an income tax, it levies a statewide sales tax of 6%. But watch for local surtaxes that can increase the total sales tax to as high as 8.5% in certain counties.
Florida property tax
The property tax averages 0.83%, but it varies by county.
Florida capital gains tax
Capital gains aren’t taxed separately in Florida.
Florida gas tax
Florida’s gas tax of 36.9 cents per gallon contributes to the maintenance and development of the state’s infrastructure.
Florida tobacco tax
Smokers in Florida face a state tax of $1.34 per pack of 20 cigarettes.
Florida insurance tax
Insurance companies pay a premium tax of 1.75% for most types of insurance.
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.