Florida has no state income tax in 2026, making it one of the most popular destinations for retirees and high-income earners relocating from high-tax states like New York and California. Florida residents file only a federal tax return — no state return required. On a $68,000 salary, a single Florida worker pays approximately $6,130 in federal income tax and $5,202 in FICA, taking home about $56,700. Florida relies on a 6% state sales tax and tourism revenue to fund government services. The average federal refund for Florida residents is approximately $2,800.
2026 federal + state brackets + FICA — updates as you type.
State: Florida (pre-selected; change the dropdown for other states)
Not applied in this simplified model.
State tax uses your state's 2026 brackets, standard deduction, exemptions and credits for your filing status. City and county income taxes (for example NYC, Maryland counties, Ohio cities) are not included. FICA: Social Security 6.2% on wages up to $184,500 and Medicare 1.45% on all wages shown.
Florida has $0 state income tax in this model. Check the Age 65+ box to include the extra federal standard deduction when it applies to your situation.
Federal brackets (2026 · Single)
Net take-home
$56,668
Total tax: $11,332
Effective rate
16.7%
Marginal rate
22.0%
Income position
Taxable income $51,900 relative to bracket scale (cap $691,848).
| Tax type | Florida rate | Notes |
|---|---|---|
| State income tax | 0% — None | No state return required |
| Federal income tax | 10% – 37% | Progressive federal brackets |
| Social Security | 6.2% | Up to $184,500 wage base |
| Medicare | 1.45% | Uncapped |
| State sales tax | 6% base | Local surtax up to 2% |
| Property tax | 0.89% effective | Homestead exemption available |
Florida residents benefit from the same federal tax deductions as all Americans. The 2026 standard deduction is $16,100 for single filers and $32,200 for married filing jointly. Seniors aged 65+ receive an additional $6,000 federal deduction — a significant benefit given Florida's large retiree population. The SALT deduction cap increase to $40,000 helps Florida homeowners with high property taxes. Tip income and overtime deductions of up to $25,000 benefit Florida's large hospitality and service workforce. Florida has no state-level EITC, but federal EITC of up to $7,830 applies.
No. Florida has no state income tax in 2026. Florida residents only file a federal tax return and pay federal income tax and FICA. Florida funds its government through a 6% base sales tax, local surtaxes, and tourism-related revenues.
On $68,000 of income in Florida (single filer, standard deduction), you pay approximately $6,130 in federal income tax and $5,202 in FICA, for a total of $11,332. Your take-home pay is approximately $56,670, with an effective total rate of about 17%.
Florida attracts residents from high-tax states like New York and California because it has no state income tax, saving high earners $10,000–$50,000+ annually in state taxes. Combined with relatively affordable home prices outside Miami, no estate tax, and warm weather, Florida offers significant financial advantages for retirees and high-income professionals.
Florida residents aged 65 and older benefit from a new $6,000 federal standard deduction bonus for 2026, reducing taxable income by an additional $6,000. This is a federal benefit available to all seniors regardless of state. It phases out for higher-income seniors above $75,000.
Educational estimates only. Not IRS advice.