Florida taxes, explained
Florida Tax Guide: Plain-English Answers for Residents and Small Businesses
Florida has no state personal income tax, but that's only part of the picture. TaxPro Florida explains how Florida's property, sales and business taxes actually work, how to protect your homestead benefits, and how to find a qualified professional when you need one. We're an educational resource, not a tax firm.
Florida tax guides
Florida Has No State Income Tax: What It Covers and What It Doesn't
What Florida's lack of a personal income tax means, the taxes residents still pay, and how to establish domicile.
Read the guide →Florida Homestead Exemption and Save Our Homes, Explained
Who qualifies, the March 1 deadline, how the Save Our Homes cap and portability work, and other exemptions.
Read the guide →Florida Sales Tax Guide: Rates, Exemptions and Business Basics
The 6% state rate plus county surtax, what's exempt, use tax, and how businesses register, collect and file.
Read the guide →Florida Business Taxes: Corporate Income Tax, Reemployment Tax and More
Corporate income tax, reemployment (unemployment) tax, tangible personal property tax, local business taxes and annual reports.
Read the guide →How to Choose a Tax Professional in Florida: CPA vs. EA vs. Tax Attorney
The differences between CPAs, enrolled agents and tax attorneys, how to verify credentials, red flags and free help.
Read the guide →
Florida taxes at a glance
| Tax | The basics |
|---|---|
| Personal income tax | None; prohibited by the Florida Constitution |
| Sales tax | 6% state rate plus a county surtax in most counties |
| Homestead exemption | Up to $50,000 off assessed value of a permanent residence; apply by March 1 |
| Save Our Homes | Caps annual homestead assessment increases at 3% or CPI, whichever is lower |
| Corporate income tax | 5.5% for C corporations, with a $50,000 exemption |
| Reemployment tax | Employer-paid on the first $7,000 of each employee's annual wages |
| Estate and inheritance tax | None at the state level |
Official sources we rely on
- Florida Department of Revenue: sales and use tax, corporate income tax, reemployment tax and property tax oversight
- Your county property appraiser: homestead and other exemptions, assessments
- Your county tax collector: property tax bills, vehicle registration and local business tax receipts
- Florida Division of Corporations (Sunbiz): business registration and annual reports
- IRS: federal income tax, which still applies to Floridians
Frequently asked questions
Does Florida have a state income tax?
No. Florida doesn't tax individuals' income, including wages, retirement income and investment income. You still file a federal return with the IRS.
What is the homestead exemption deadline in Florida?
Generally March 1. You must own the home and make it your permanent residence by January 1 of that tax year, then apply with your county property appraiser.
What is Florida's sales tax rate?
6% statewide, plus a discretionary county surtax in most counties. The surtax generally applies only to the first $5,000 of a single item's price.
Do LLCs pay Florida corporate income tax?
Only if the LLC is taxed as a corporation for federal purposes. LLCs taxed as partnerships or disregarded entities generally don't, though a corporate owner may have to file.
Is TaxPro Florida a tax preparation firm?
No. We're an independent educational website. We don't prepare returns or give individual advice. For that, consult a CPA, enrolled agent or tax attorney.
How do I check if a Florida CPA is licensed?
Use the Florida Department of Business and Professional Regulation's online license search. For enrolled agents and other credentialed preparers, use the IRS directory of preparers.