Florida State Tax Deductions - 2012, 2013

2013 Florida Income Tax Deductions

	Florida Standard Deduction
	Florida Personal Exemption
	Florida Dependent Deduction

Florida income tax deductions are above-the-line expenses that can be deducted from your gross income before you calculate your taxable income.

By carefully choosing your deductions in order to minimize your taxable income, you can ensure that you get the largest possible refund when you file your Florida and Federal income taxes.

Florida does not support all of the deductions that are allowed on your Federal income tax return, so be sure to double-check any deductions or tax credits you want to claim on your Florida return. Some states specifically eliminate deductions to reduce the complexity of their tax system. For more information about the Florida income tax, see the main Florida income tax page.

Florida Income Tax Deductions Table
		Florida Standard Deduction Unlike many other states, Florida has no standard deduction. Certain itemized deductions (including property tax, qualified charitable contributions, etc) may be allowed depending on the income level and filing type of the taxpayer. Keep in mind that not all deductions allowed on your federal income tax return are necessarily going to be allowed on your Florida income tax return.
		Florida Personal Exemption Florida has no personal exemption. The Federal Income Tax, however, does allow a personal exemption to be deducted from your gross income if you are resposnible for supporting yourself financially.
		Florida Dependent Deduction Unlike most states, Florida does not have a dependent deduction. You can, however, claim dependent deductions on your Federal Tax Return.
		Florida Itemized Deductions Florida does not allow deductions to be itemized by any taxpayer. While you cannot use any of your Federal itemizations in Florida, there may be state-specific credits or deductions that parallel some of your deferal itemized deductions.

Visit the Florida income tax page for details on Florida's income tax. If you would like to learn about the income tax in other states, visit our listing of income taxes by state.

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