Florida Income Tax Calculator - SmartAsset (2024)

Taxes in Florida

Florida State Tax Quick Facts

• Income tax: None
• Sales tax: 6% - 7.50%
• Property tax: 0.80% average effective rate
• Gas tax: 33.425 cents per gallon of regular gasoline and 19 cents per gallon of diesel

Florida’s official nickname is “The Sunshine State,” but it may as well be “The Low-Tax State.” That’s because Florida is the only state east of the Mississippi that doesn’t collect income taxes of any kind. The state does charge a sales tax rate of 6% though, and most counties charge sales taxes of their own. There are, however, some taxes that are higher in Florida than elsewhere in the U.S.

A financial advisor can help you understand how taxes fit into your overall financial goals. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Florida Income Taxes

Come tax season, taxpayers in Florida can finish up their federal taxes, then kick back and enjoy the sunshine. No state income tax means no state income tax return. It means there’s no need to research special state deductions and credits. For high income earners, it means there is a huge incentive to take their talents to South Beach.

Florida Sales Tax

The statewide sales tax rate in Florida is 6%. Additionally, some counties also collect their own sales taxes of up to 1.5%, which means that actual rates paid in Florida may be as high as 7.5%. The combined sales tax rate in Florida is 7.01%. There is no sales tax charged at the city level in Florida. Here are the combined state and local sales tax rates for each of Florida’s counties.

Most consumer products are subject to these tax rates, including all electronics, clothing, cleaning supplies and furniture. However, most groceries and medicine are exempt. Additionally, some services may require payment of the sales tax. For example, admission to one of Florida’s famous amusem*nt parks is taxable, as are detective services and many rental services.

Like most states, Florida also enforces a use tax. That means that if you buy a product outside of the state and no tax is collected on that purchase, you are required to file a Sales and Use Tax Return with the Florida Department of Revenue.

Florida Property Tax

If you’re thinking about buying a beach house somewhere along Florida’s 8,436 miles of ocean shoreline, you’ll want to take property taxes into account. Florida’s average effective property tax rate is 0.80%, which is well below the national average. That means that, on average, Floridians pay 0.80% of their home’s value in property taxes.

Because property tax is only collected at the county level in Florida, it ranges significantly depending on where you live. In Miami-Dade County, for example, effective rates are 1.01% of home value. That means if you own a home worth $300,000, you could expect to pay around $3,030 in property taxes annually.

If you are thinking about buying a home in Florida and are planning on using a mortgage, take a look at our Florida mortgage guide for information on rates and getting a mortgage in Florida.

Florida Communication Services Tax

In addition to the above taxes, Florida also collects a special communication services tax on all phone, internet and television services. The total tax rate is 7.44%, but service providers are only allowed to directly bill consumers for 5.07% of that. For the remaining 2.37%, consumers must report and pay the tax independently.

For satellite-based services like DirecTV, the rate is even higher at 11.44%. So if you are a big spender on high-speed internet, multiple phone lines and the top-of-the-line cable TV packages, expect a slightly higher price-tag when it comes time to pay up.

Florida Gas Tax

Florida has the lowest gas tax in the nation. Floridians pay a 33.425 cents per gallon tax on regular gasoline and 19 cents per gallon on diesel fuel.

Florida Estate Tax

If you’re looking to pass on that beach house in Miami to your heirs, you can rest easy. As of December 31, 2004, there’s no estate tax in Florida.

Florida Alcohol Tax

Florida’s taxes on alcohol are among the highest in the U.S. The Sunshine State’s tax on beer is 48 cents per gallon and the tax on spirits is $6.50 per gallon. The tax on wine is $2.25 per gallon.

Florida Cigarette Tax

According to the Tax Foundation, Florida has a cigarette tax of $1.34 per pack.

• The average low temperature in Miami in the month of July is 77° Fahrenheit.
• Florida produces about 70% of the nation’s oranges.
• In 2013, there were 23 shark attacks in Florida, most of any state in the country.