State of Nevada Income Tax Nevada State Tax Deductions - 2012, 2013

Nevada 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 Nevada and Federal income taxes.

Nevada 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 Nevada return. Some states specifically eliminate deductions to reduce the complexity of their tax system. For more information about the Nevada income tax, see the main Nevada income tax page.

Nevada Income Tax Deductions Table
Nevada has no Single Standard Deduction Nevada has no Couple Standard Deduction

Nevada Standard Deduction

Unlike many other states, Nevada 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 Nevada income tax return.

Nevada has no Single Deduction Nevada has no Single Deduction

Nevada Personal Exemption

Nevada 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.

Nevada has no Dependent Deduction

Nevada Dependent Deduction

Unlike most states, Nevada does not have a dependent deduction. You can, however, claim dependent deductions on your Federal Tax Return.

Nevada does not allow Itemized Deductions

Nevada Itemized Deductions

Nevada does not allow deductions to be itemized by any taxpayer. While you cannot use any of your Federal itemizations in Nevada, there may be state-specific credits or deductions that parallel some of your deferal itemized deductions.

Visit the Nevada income tax page for details on Nevada'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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References


  1. Before information on the 2013 Nevada income tax deductions are released, provisional 2013 deduction information is based on Nevada's 2012 tax deduction policy.
  2. The 2013 Nevada standard deductions, personal exemptions, and dependent deduction amounts are sourced from the Nevada Department of Taxation .
  3. Information on Nevada's itemized deduction policy is updated from the Nevada Department of Taxation and the Internal Revenue Service.