Florida state income tax
Florida has no state individual income tax. Wages, self-employment income, capital gains, and retirement withdrawals are not taxed by Florida at the state level (federal tax still applies). The state funds itself through sales tax and property tax instead.
Does Florida have a state income tax?
No. Florida is one of the states with no individual income tax, so there is no state tax on your wages or salary. Florida has no state individual income tax.
| Item | Florida |
|---|---|
| State income tax | None |
| Capital gains tax | None (no income tax) |
| State sales tax | 6% (plus local) |
| Avg. property tax rate | 0.78% of home value |
| Estate / inheritance tax | None |
How does Florida tax capital gains?
Florida does not tax capital gains, because it has no state income tax. You still owe federal capital gains tax. See how capital gains tax works in 2026.
What about retirement income in Florida?
Because Florida has no income tax, Social Security, pensions, and 401(k)/IRA withdrawals are all untaxed at the state level. See Florida retirement taxes for the full picture.
Sources
- Florida income tax: Florida Department of Revenue / Taxation.
- Florida capital gains treatment: Florida tax authority.
- Florida sales tax: Florida Department of Revenue.