State of Florida Income Tax Florida State Income Tax - Tax Year 2012

1.1 -
Contents

QuickFact: The average family pays $0.00 in Florida income taxes. [1]
Rank: 43rd out of 51

1.
Florida Income Tax Table

Tax Bracket (Single) [2] Tax Bracket (Couple) [3] Marginal Tax Rate
$0+ $0+ 0.00%

Note: Florida has no state income tax. Only the Federal Income Tax applies.

Learn how marginal tax brackets work View an explanation of marginal tax brackets

2.
Florida Income Tax Calculator

My Income
Filing Status
Exemptions
Claim an exemption for myself
Claim an exemption for my spouse
Dependants
 
How to use the Florida tax estimator How To Use This Calculator
You can use our free Florida income tax calculator to get a good estimate of what your tax liability will be come April. On the next page, you will be able to add more details like itemized deductions, tax credits, capital gains, and more.
Please remember that the income tax code is very complicated, and while we can provide a good estimate of your Federal and Florida income taxes, your actual tax liability may be different.

3.
The Florida Income Tax

Florida has no state income tax, so residents of Florida pay only the Federal Income Tax on most forms of income. In place of a state income tax, Florida generates revenue through other state taxes like the Florida Sales Tax and various excise taxes on the sale of certain goods.

Cities and municipal governments in Florida gain revenue through Florida property taxes and local sales tax surcharges.

An income tax on intangible personal property (such as stocks and bonds), similar to the limited income taxes in Tennessee and New Hampshire, was repealed in 2007. There are -40 days left until Tax Day, on April 15th 2013.

TurboTax - Choose Easy

Compare the state income tax rates in Florida with the income tax rates in

10.
References

  1. Our state ranking and income tax figures are based on a family of four (married parents with two children) earning the national median household income of $50,000 per year. Deductions and personal exemptions are taken into account, but some state-specific deductions and tax credit programs may not be accounted for.
  2. Before the official 2013 Florida income tax rates are released, provisional 2013 tax rates are based on Florida's 2012 income tax brackets.
  3. The 2013 state personal income tax brackets are updated from the Florida Department of Revenue and Tax FoundationExternal Link data.
  4. Florida tax forms are sourced from the Florida Department of Revenue income tax forms pageExternal Link, and are updated on a yearly basis. Please make sure the Florida forms you are using are up-to-date.