Taxes in Alabama to Iowa


Updated: June 2018

Taxes by State

Please choose a State: AlabamaAlaskaArizonaArkansasCaliforniaColorado,
ConnecticutDelawareDistrict of ColumbiaFloridaGeorgia, HawaiiIdahoIllinoisIndianaIowa

ALABAMA

Sales Taxes

State Sales Tax: The Alabama state sales tax is 4%. The state administers over 200 different city and county sales taxes; however, it does not administer all county or city sales taxes. There is a tax of 1.5% on sales of farm machinery; 2% on sales of motor vehicles, mobile homes and motorboats; 3% on food sold through vending machines; and 4% on sales of tangible personal property.
Gasoline Tax: 41.31 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 46.29 cents/gallon (Includes all taxes)
Cigarette Tax: 67.5 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Limited to excess of 4% of adjusted gross income. However, you may deduct 50 percent of the premiums you pay for health insurance if you work for an employer that has less than 25 employees.
Federal Income Tax Deduction: Full
Retirement Income Taxes: Social Security, military, civil service, state/local government and qualified private pensions are exempt.
Retired Military Pay: Pay and survivor benefits not taxed.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

The state does not collect taxes on personal property such as boats and computers. Each city and county may levy its own. For information on all ad valorem tax exemptions, click here.
Homeowners 65 and older are exempt from all state property taxes. Some cities also assess separate property taxes. A homestead exemption up to $5,000 of assessed value is granted by the state on real property taxes. A larger exemption is available to persons over 65. Visit the state’s property tax division website. To view the state’s homestead summary chart, click here.
Taxpayers are allowed to take a deduction on their individual returns for amounts contributed to a catastrophic (hurricanes, floods and storms) savings account. If the qualified deductible is $1,000 or less, the maximum contribution is $2,000. If the qualified deductible is more than $1,000, the maximum contribution is the smaller of (a) $15,000 or (b) twice the qualified deductible.

Inheritance and Estate Taxes

Alabama does not impose a separate state estate or inheritance tax.  It has what is known as a “pickup” or “sponge” tax, which means the state collects the maximum credit allowed on the federal estate tax return for “state death taxes.”

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Find a Plan

For further information, visit the Alabama Department of Revenue site or call 334-242-1512 or 256-837-2319.  If you are thinking about retiring to Alabama, click here.

ALASKA

Sales Taxes

State Sales Tax: Alaska does not collect state sales tax. However, 107 municipalities impose local sales taxes that range up to 7%. Typical sales tax rates are from 1% – 7%.
Gasoline Tax: 30.65 cents/gallon (Includes all taxes) (Anchorage – add $0.10/gallon)
Diesel Fuel Tax: 37.15 cents/gallon (Includes all taxes)
Cigarette Tax: $2.00/pack of 20 (Juneau – add $3.00)
Vehicle Rental Tax: 10% on passenger vehicles; 3% on RVs
Excise Tax: $34.50 per voyage on passengers traveling on commercial vessels that provide overnight accommodations while in Alaska waters.

Personal Income Taxes

Alaska does not levy a tax on income, both earned and unearned. Additionally, Alaska resident are eligible to receive an annual payment from the Alaska Permanent Fund Corporation. Residents can apply online for this money, known as the Permanent Fund Dividend (PFD), via the myAlaska program.
Retirement Income: Not taxed.

Property Taxes

Alaska is the only state in the United States where a large part of the land mass is not subject to a property tax. Although property tax is the primary method of raising revenues for most of the larger municipalities in the state, smaller municipalities favor a sales tax. This is due primarily to the fact that the smaller incorporated areas lack a tax base large enough to support the property tax. The unincorporated areas of the state do not have the legal authority to levy a tax. Of the 19 boroughs in Alaska, 15 levy a property tax. Nine Alaska cities located outside of boroughs levy a property tax. Therefore, 24 municipalities in Alaska (either cities or boroughs) levy a property tax.

Alaska taxes both real and personal property. There are several municipalities that have chosen to exempt some or all categories of personal property. Homeowners age 65 and older (or surviving spouses 60 and older) are exempt from municipal taxes on the first $150,000 of the assessed value of their property. This also applies to disabled veterans. The average assessed value exempted from taxes for senior citizens and disabled veterans is $139,393, which equated to a tax exemption of $1,965 for 2017. Comparatively, in 2014, the total full value for Alaska all municipalities (over 750 in population) was $108.6 billion (including the Trans-Alaska Pipeline). For 2014, the statewide population was 736,399, which means that the per-capita full value was $147,519. Intangible personal property is exempt from taxation. Call (907) 269-4501(Anchorage) or (907) 465-3961 (Juneau) for details.

For more information, click here.

Inheritance and Estate Taxes

There is no inheritance tax and the estate tax is limited to federal estate tax collection.
For further information, visit the Alaska Department of Revenue site or call 907-465-2300.

ARIZONA

Sales Taxes

State Sales Tax: Arizona Transaction Privilege Tax (sales) and use tax rates generally are 5.6%. Arizona cities and/or municipalities are allowed to collect their own rate that up to 4.5%. As of 2018, 124 out of 269 cities in Arizona charge city sales tax. Also, 347 out of 550 Zip Codes in Arizona charge city sales tax. The state rate on transient lodging (hotel/motel) is 5.5%. The State of Arizona does not levy a state tax on food for home consumption or drugs prescribed by a licensed physician or dentist. However, some cities in Arizona do levy a tax on food for home consumption. City rates range from 1.5% to 4%.

Gasoline Tax: 37.4 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 51.4 cents/gallon (Includes all taxes)
Cigarette Tax: $1.18/pack of 20
Water Use Tax: 65 cents per 1,000 gallons of water used.

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Allows deductions for all qualified medical and dental expenses.
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security and Railroad Retirement benefits are exempt. Up to $2,500 total of military, civil service, and Arizona state/local government pensions are also exempt. All out-of-state government pensions are fully taxed.
Retired Military Pay: Up to $2,500 of retired pay and/or survivor benefits excluded. For information on veteran’s services, click here.
Retired Military Pay: Up to $2,500 of retired pay and/or survivor benefits excluded.  For information on veteran’s services, click here.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Property tax in Arizona is assessed and administered in each individual county by the county assessor, with the exception of centrally valued properties such as airlines, railroads, and mines. Single homeowners 65 and older who earn less than $36,000 and married couples who earn less than $45,000 are eligible for a tax credit.

Persons at least 65 years old who have resided in their primary residence for at least two years and have total income not more than four times the Social Security supplemental security income (SSI) benefit rate may apply to the state assessor by September 1 to have the valuation of their primary residence and up to 10 acres of adjoining undeveloped land frozen at the full cash value when the application is filed.
Arizona also taxes personal property, which is defined as all types of property except real estate. Taxable personal property includes property used for commercial, industrial, and agricultural purposes. Personal property is considered to be movable and not permanently attached to real estate.

A personal property manual is available which contains information regarding the identification and valuation of locally assessed personal property, taxpayer reporting requirements, valuation tables, and descriptions of the methods of making value adjustments that are used in the assessment of many kinds of personal property. The manual describes a wide variety of personal property items, including information on the identification and valuation of mobile home and manufactured housing units. An explanation of the personal property appeal process (which differs in some respects from the real property appeal process) is also included. For more information, click here.

In lieu of a personal property tax on automobiles, the state imposes an annual motor vehicle license tax (VLT). This tax is assessed for each $100 of a vehicle’s value. There is a $4.00 title fee; an $8.00 registration fee; and an air quality research fee of $1.50. The VLT is based on an assessed value of 60% of the manufacturer’s base retail price reduced by 16.25% for each year since the vehicle was first registered in Arizona (15% before 8/1/98). As of June 2018, the rate is calculated as $2.80 (new vehicles)/$2.89 (used vehicles)/$4.00 (alternative fuel vehicles) for each $100 of the assessed value. Call 602.255.0072 for additional details. For information on property tax relief for seniors, click here.

Inheritance and Estate Taxes

There is no inheritance or gift tax and the estate tax does not apply to decedents whose date of death is on or after January 1, 2006.

For further information, visit the Arizona Department of Revenue site.  For questions about moving to Arizona, click here. For other tax questions, call 602-255-3381.
* For joint returns, the taxes are twice the tax imposed on half the income.

ARKANSAS

Sales Taxes

State Sales Taxes: 6.50% (prescription drugs exempt). Food or food ingredients are at a reduced rate of 1.5%. Some food items are considered to be ineligible for a reduced rate will be taxed at the regular state rate. In these instances, the tax rate fall from 1.5% to 0.125%, as long as certain budget conditions will be met.
Gasoline Tax: 40.40 cents/gallon (Includes all taxes)
Diesel Fuel Tax 47.4 cents/gallon (Includes all taxes)
Cigarette Tax: $1.15 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Same as Federal taxes
Federal Income Tax Deduction: None
Retirement Income Taxes: Retirement income is taxable in Arkansas, even if the income source is from a different state. Conversely, taxpayers who receive an IRA distribution after reaching the age of 59½ do not need to pay tax on the first $6,000 in distributions. Arkansas also does not tax income coming from Social Security, VA, workers’ compensation, Tier 1 and Tier 2 Railroad Retirement, unemployment compensation, and all related supplemental benefits, among others. Up to $6,000 in military, civil service, state/local government, and private pensions are exempt. Out-of-state government pensions also qualify for exemption. Other exemptions include active duty military personnel ($9,000), retired military personnel, and life insurance proceeds.
Retired Military Pay: Up to $6,000 of federal retirement pay and/or survivor benefits excluded.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Subject to state taxes.

Property Taxes

Arkansas property taxes are levied by counties, municipalities, and school districts. All households are eligible for a Homestead Tax Credit of up to $350, regardless of income or age. Political subdivisions collect taxes on real property (house and land) and personal property (motor vehicles, boats and motors, motorcycles, and all-terrain vehicles). Assessment is based on 20% of the true market value. The taxable assessed value of homesteads will not increase more than 5% above the previous taxable assessed value except when new additions or substantial improvements are made to the property. However, the taxable value of the homestead will continue to increase each year until it equals 20% of market value. The taxable assessed value of homesteads of residents aged 65 or older, or those who are disabled are capped at the previous year value unless improvements are made or the property is sold. For more information about real property taxes, click here.

In certain cases, disabled veterans are exempt from all state taxes on real and personal property. This tax exemption is also available to widow or widowers who do not remarry, as well as to dependent minor children of military personnel who were killed in action, died of service-related disabilities, or who are missing in action. For additional information, click here.

Inheritance and Estate Taxes

There is no inheritance tax. In 2003, the estate tax was repealed for those deceased after January 1, 2005.
For further information, visit the Arkansas Department of Finance and Administration website or call 501-683-2255. For general tax information, click here. For a booklet on moving to Arkansas, click here.
*A special tax table is available for low-income taxpayers to help them reduce their tax payments.

CALIFORNIA

Sales Taxes

State Sales Tax: California’s state-only sales tax is 7.25%. This rate consists of 6% state sales tax rate and an additional 1.25% local rate. In most areas of California, local jurisdictions have additional district taxes that increase the tax owed by a seller. Those district tax rates range from 0.10% to 1.00%. Some areas may have more than one district tax in effect. Sellers are required to report and pay the applicable district taxes for their taxable sales and purchases. Click here to find out the sales tax rate based on a California address.
Gasoline Tax: 60.1 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 60.4 cents/gallon (Includes all taxes)
Cigarette Tax: $2/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Same as Federal taxes
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security and Railroad Retirement benefits are exempt.  There is a 2.5% tax on early distributions and qualified pensions.  All private, local, state and federal pensions are fully taxed.
Retired Military Pay: Follows federal tax rules.
Military Disability Retired Pay:Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Property is assessed at 100% of full cash value. The maximum amount of tax on real estate is limited to 1% of the full cash value. Under the Homestead Program, the first $7,000 of the full value of a homeowner’s dwelling is exempt. The Franchise Tax Board’s Homeowner Assistance program, which provided property tax relief to persons who were blind, disabled, or at least 62 years old, and met certain minimum annual income thresholds, has been halted. For more information, call the California Franchise Tax Board at 800.852.5711 or visit the board’s website.
The California Constitution provides a $7,000 reduction in the taxable value for a qualifying owner-occupied home. The home must have been the principal place of residence of the owner on the lien date of January 1. To claim the exemption, the homeowner must make a one-time filing of a simple form with the county assessor where the property is located. The claim form, BOE-266, Claim for Homeowners Property Tax Exemption, is available from the county assessor. For more information on the California Property Tax program click here.

Inheritance and Estate Taxes

There is no inheritance tax.  However, there is a limited California estate tax related to federal estate tax collection.

For further information, visit the California Franchise Tax Board or the California State Board of Equalization.

COLORADO

Sales Taxes

State Sales Tax: 2.9% (food and prescription drugs exempt); many cities and counties have their own rates which are added to the state rate. The local tax rate could be as high as 8.3%, and the total tax rate ranges from 2.9% to 11.2%.
Gasoline Tax: 40.4 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 44.9 cents/gallon (Includes all taxes)
Cigarette Tax: 84 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: None
Retirement Income Taxes: Colorado has a pension/annuity subtraction where, depending on the age of the recipient, the first $20,000/$24,000 is not taxed. As a result, taxpayers between the ages of 55 and 64 years old can exclude a total of $20,000 for Social Security and qualified retirement income. Those 65 and over can exclude up to $24,000. All out-of-state government pensions qualify for the pension exemption. The total exclusion may not be more than indicated from all exempt sources. However, Social Security/Railroad Retirement income not taxed by the federal government is not added back to adjusted gross income for state income tax purposes.
Retired Military Pay: Same as above.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.  For information on the Military Spouses Residency Relief Act, click here.

Property Taxes

The county assessor determines the value of property using a market, cost, or income approach. The exact property tax levied depends on the county where the property is located. To determine your property tax bill, multiply the assessed value by the local tax rate. Other property, including personal property, is assessed at 29% of actual value.
A homestead exemption is available for qualifying seniors and the surviving spouse of a senior who previously qualified. Seniors must be at least age 65. It allows 50% (up to a maximum reduction of $200,000) in actual value of a primary residence to be exempt. The state pays the tax on the exempted value. The person must have owned and lived in the home for at least 10 years. This exemption is also available to qualifying disabled veterans. Click for details.
Full-year Colorado residents age 65 or older, disabled, or a surviving spouse age 58 or older, may qualify for the Property Tax/Rent/Heat Rebate and/or the Property Tax Deferral. Qualified applicants can receive a rebate of up to $600 of the property tax and $192 of their heating expenses paid during the year, either directly or as part of their rent payments. For more property tax information, click here.

Inheritance and Estate Taxes

There is no inheritance tax and the Colorado estate tax does not apply to decedents whose date of death is on or after January 1, 2005.

For further information, visit the Colorado Department of Revenue site or call 303-864-7777.  Also click here.

CONNECTICUT

Sales Taxes

State Sales Tax: 6.35% (food, prescription & non-prescription drugs exempt).
Gasoline Tax: 58.25 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 66.10 cents/gallon (Includes all taxes)
Cigarette Tax: $4.35/pack of 20.

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: None
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security is exempt for individual taxpayers with federal adjusted gross income of less than $50,000 and for married filing jointly taxpayers, with federal AGI below $60,000.  All out-of-state government and federal civil service pensions are fully taxed.  Tax information for seniors (click here).
Retired Military Pay: Connecticut exempts military pensions.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Taxes and real and personal property are assessed and collected by individual towns or other taxing districts. All assessments are at 70% of fair market value as of the date of revaluation. An annual property tax credit or rent rebate is available to residents, age 65 or older, or to a surviving spouse of a previously approved applicant who is age 50 or older. Regardless of age, totally disabled persons are also eligible. Income parameters apply.
Municipalities may provide additional tax relief for seniors. Call 860-418-6200 for details.

Inheritance and Estate Taxes

Connecticut imposes an estate tax which taxes the transfer of estates valued at $2 million or more at a progressive rate starting with 7.2 percent of the first $100,000 over the threshold and rising to 12 percent for the amount above $10.1 million. This is applicable to estates of decedents dying on or after January 1, 2011.  Additional information can be found at http://www.ct.gov/drs/cwp/

For further information, visit the Connecticut Department of Revenue site.  Also click here and here for more details.

DELAWARE

Sales Taxes

State Sales Tax: None –  None – Delaware does not impose a state or local sales tax, but it does impose a Gross Receipts Tax on the seller of goods (tangible or otherwise) or provider of services in the state. Business and occupational gross receipts tax rates range from 0.1006% to 0.7543%, depending on the business activity.
Gasoline Tax: 41.4 cents/gallon (Includes all taxes)
Diesel Fuel Tax: Tax 46.4 cents/gallon (Includes all taxes)
Cigarette Tax: $1.60 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: None
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security and Railroad Retirement benefits are exempt. Taxpayers 60 and older can exclude $12,500 of investment and qualified pension income. Out-of-state government pensions qualify for the pension and retirement exemption. Under age 60, $2,000 is exempt. For more information on tax rates and exemptions, click here.
Retired Military Pay:  Up to $2,000 of military retirement pay excluded for individuals under age 60; $12,500 if 60 or older.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

All real property in the state is subject to tax unless specifically exempt. Personal property and tangible and intangible property is exempt. Real estate is subject to county, school district, vocational school district, and municipal property taxes. The state offers various property tax relief programs for residents age 65 and older and for residents with disabilities. Homeowners 65 and older can get a credit equal to half of the school property taxes. For information on the senior school property tax credit, click here. For more information about Delaware’s property tax rates, click here.

Inheritance and Estate Taxes

Delaware brought back its state estate tax effective for deaths occurring between July 1, 2009 and July 1, 2013. Estates with values of up to $5.49 million are exempt, and the highest tax rate on any value over this threshold is 16%.

For further information, visit the Delaware Division of Revenue site or call 302-577-8200.

DISTRICT OF COLUMBIA

Sales Taxes

State Sales Tax:  5.75% (food, prescription and non-prescription drugs, and residential utility services are exempt).
Gasoline Tax: 41.9 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 47.9 cents/gallon (Includes all taxes)
Cigarette Tax: $2.50/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Same as Federal taxes
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security is exempt.  Taxpayers 62 and older can exclude $3,000 of military, federal, and state/local pensions.  All state government pensions are fully taxed.
Retired Military Pay: Up to $3,000 of military retirement pay excluded for individuals 62 or older, Survivor benefits are taxable.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Property is assessed at 100% of market value. Taxes on owner-occupied real estate are $0.85 per $100 of assessed value. The first $73,350 of assessed value (Homestead Deduction) is exempt from taxes. Several property tax relief programs are available to assist property owners and first time home buyers. These include a Homestead Deduction, tax credits for historic properties, senior citizen tax relief, and property tax exemptions and deferrals. Homeowners 65 and older with household adjusted gross income of less than $130,550 receive an additional exemption equal to 50% of their Homestead Deduction. Click here for details.

The real property tax deduction has increased. As a result of changes made to federal year law, non-itemizers (those who take the standard deduction) may now increase the standard deduction by up to $500 (if single, head of household, married filing separately) and up to $1,000 (if filing jointly) if they took the real property tax deduction on their federal tax return as an increase to the standard deduction. Tangible personal property is taxed at the rate of $3.40 per $100 of assessed value. The first $225,000 of taxable value is excluded from tax. Call the DC Office of Tax and Revenue at (202) 727-4829 for more information.

Inheritance and Estate Taxes

There is no inheritance tax and only a limited estate tax.

For further information, visit http://dc.gov/page/residents-resource-center or call 202-727-2476.

FLORIDA

Sales Taxes

State Sales Tax: 6% (food, prescription and non-prescription drugs exempt). There are additional county sales taxes which could make the combined rate as high as 8%.
Gasoline Tax: 55.20 cents/gallon (Includes all taxes)
Diesel Fuel Tax:  58.17 cents/gallon (Includes all taxes)
Cigarette Tax: $1.34/pack of 20

Personal Income Taxes

No state income tax
Retirement Income: Not taxed.

Property Taxes

All property is taxable at 100% of its just valuation.  Every person who owns and resides on real property in Florida on January 1 and makes the property their permanent residence is eligible to receive a homestead exemption up to $50,000.  The first $25,000 applies to all property taxes, including school district taxes.  The additional exemption up to $25,000, applies to the assessed value between $50,000 and $75,000 and only to nonschool taxes.  If one spouse holds the title, the other spouse may file for the exemption with the consent of the titleholder.

Below is a general list of exemptions available in the state.

The homestead exemption for all residents applies to all property taxes, not just city and county taxes. Annual increases in the assessment of homestead property are limited to 3% of the prior year’s assessed value, or if lower, the percentage change in the Consumer Price Index for the prior year, as long as there was no change in ownership.

For more details on property taxes, click here, then find the link for the county property appraiser for the county in question. For more information on Florida property tax exemptions, click here.

Inheritance and Estate Taxes

There is no inheritance tax and only a limited estate tax.

To review information for new residents, click here.

For general information on Florida taxes, visit the Florida Department of Revenue site or call 800-352-3671.

 

GEORGIA

Sales Taxes

State Sales Tax: 4% (food, prescription drugs exempt), local taxes may increase total to 8.9%.
Gasoline Tax: 44.70 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 53.80 cents/gallon (Includes all taxes)
Cigarette Tax: 37 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Tax Rate Range: Low – 1.0%; High – 6%
Income Brackets:   Lowest – $750; Highest – $7,000
Number of Brackets: 6
Personal Exemptions: Single – $2,700; Married – $5,400; Dependents – $3,000
Standard Deduction: Single – $2,300; Married filing joint return – $3,000; Taxpayer over 65 – $1,300 additional.
Medical/Dental Deduction: Same as Federal taxes
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security is exempt.  Taxpayers who are 62 years of age or older, or permanently and totally disabled regardless of age, may be eligible for a retirement income adjustment on their Georgia tax return.  Retirement income includes income from pensions and annuities, interest income, dividend income, net income from rental property, capital gains income, and income from royalties.  For married couples filing joint returns with both members receiving retirement income, the maximum adjustment for the applicable year may be up to twice the individual exclusion amount.  Retirement income exceeding the maximum adjustable amount will be taxed at the normal rate.
Retired Military Pay: Same as above.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with the Georgia Department of Revenue.

Property Taxes

A homeowner may pay a combination of county, city, school or state taxes depending on location.  Property tax relief measures are included in the state’s comprehensive property tax credit law that can be viewed on their web site. Homeowners 62 and older who earn $10,000 or less, will find that up to $10,000 of their property’s assessed value is exempt from school taxes.  Persons 62 or older whose family income does not exceed $30,000 may qualify for an exemption from state and county property taxes equal to the amount by which the assessed value of the homestead exceeds the assessed value for the preceding tax year. For those 65 and older who earn $10,000 or less, $4,000 of their property’s value is exempt from state and county taxes as well.  Call 404-968-0778 for details.  To view additional information about property taxes, click here.

The state offers homestead exemptions to persons that own and occupy their home as a primary residence.  Many counties offer homestead exemptions that are more beneficial to the taxpayer than the exemptions offered by the state.  Homestead exemptions are filed with the county tax commissioner or the county tax assessor’s office.  The homestead exemption is deducted from the assessed value (40% of the fair market value) of the home  Then the millage rate is applied to arrive at the amount of ad valorem tax due.  Individuals age 65 and older get additional deductions. For more information on homestead exemptions click here.

Inheritance and Estate Taxes

There is no inheritance tax or gift tax and only a limited estate tax which is an amount equal to the amount allowable as a credit for state death taxes under Section 2011 of the Internal Revenue Code.  In effect, the estate taxes paid to Georgia may be used to reduce the estate taxes due the IRS.

For further information, visit the Georgia Department of Revenue site or call 404-417-4477.

HAWAII

Sales Taxes

State Sales Tax: (General Excise Tax) of 4% (prescription drugs are exempt); Oahu has a county surcharge tax of 0.5% to pay for a mass transit system.
Gasoline Tax: 62.79 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 66.23 cents/gallon (Includes all taxes)
(Local option taxes may add 8.8 to 18 cents to fuel tax)
Cigarette Tax: $3.20/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Same as Federal taxes
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security, first tier Railroad Retirement benefits, military, federal, state/local, and some private pensions are exempt.  All out-of-state government pensions are exempt.  Also, employer-funded pension plans are exempt.  Distributions from private employer pension plans received upon retirement are partially taxed by the state if the employee contributed to the pension plan.
Retired Military Pay: Not taxed.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Personal property such as cars or boats are not subject to property tax. Real property and land are assessed at 100% “fair market value.” Taxes are administered by the four counties. The Homestead Exemption is $12,000, but is $40,000 in the city and county of Honolulu. Persons 60 to 69 years of age may claim double the homestead exemption, and a person age 70 or older, may claim 2.5 times the homestead exemption. In the city and county of Honolulu, the exemptions are:

  • 55-59 Years: 1.5 times the exemption amount
  • 60-64 Years: 2.0 times
  • 65-69 Years: 2.5 times
  • 70 Years and Older: 3.0 times

Homeowners 55 and older are exempt from property taxes on $60,000 to $120,000 (amount depends on owner’s age) of the assessed value of their residence, regardless of income. They must pay at least $100 in taxes, however. Homeowners 55 and older who earn less than $20,000 are also eligible for a tax credit of up to $500. Call 808-587-4242 for details.

Inheritance and Estate Taxes

The state has imposed a tax on estates of Hawaii residents over $3.5 million ranging from 0.8% to 16% rate on estates over $10.1 million.  Nonresidents receive a reduced exemption, paying estate tax on as little as $60,000 of property.  Tax rates range from 1.4% to 8.25%.

For further information, visit the Hawaii Department of Taxation site or call 800-222-3229 or 808-587-4242.

IDAHO

Sales Taxes

State Sales Tax: 6% (prescription drugs exempt); Some Idaho resort cities, counties and auditorium districts have a local option sales tax in addition to the state sales tax which could add an additional 3%.
Gasoline Tax: 51.40 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 57.40 cents/gallon (Includes all taxes)
Cigarette Tax: 57 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: None
Retirement Income Tax: Generally, all income received by an Idaho resident, regardless of the source, is subject to Idaho income tax.  Idaho does not tax social security benefits, benefits paid by the Railroad Retirement Board or Canadian social security benefits (OAS or CPP).  Idaho does offer a retirement benefits deduction if you are age 65 or older, or if you are disabled and age 62 or older, and receive qualifying retirement benefits.  Persons using the “married filing separate” filing status are not eligible for this benefit.  The following are the types of benefits that qualify for this deduction (PERSI does not qualify for this benefit):

  • Civil Service Employees: Retirement annuities paid by the United States to a retired civil service employee or the un-remarried widow of the employee if the recipient is age 65 or older, or disabled and age 62 or older.
  • Idaho Firemen: Retirement benefits paid from the firemen’s retirement fund of the state of Idaho to a retired fireman or the un-remarried widow of a retired fireman if the recipient is age 65 or older, or disabled and age 62 or older.
  • Policemen of an Idaho city: Retirement benefits paid from the policemen’s retirement fund of a city within Idaho to a retired policeman or the un-remarried widow of a retired policeman if the recipient is age 65 or older, or disabled and age 62 or older
  • Servicemen: Retirement benefits paid by the United States to a retired member of the U.S. military service or the un-remarried widow of such member if the recipient is age 65 or older, or disabled and age 62 or older.

The amount deducted must be reduced by retirement benefits paid under the Federal Social Security Act and the Federal Railroad Retirement Act.  The maximum amount that may currently be deducted is:

  • Married filing jointly (age 65 or older): $48,366
  • Married filing jointly (age 62 or older and disabled): $48,366
  • Single (age 65 or older): $32,244
  • Single (age 62 or older and disabled): $32,244

Retired Military Pay: Follows federal tax rules.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.
Military Spouses Residency Relief Act:  The earned income of qualifying spouses of Idaho serviceemembers is no longer subject to Idaho income tax due to the federal Military Spouses Residency Relief Act (SR 475, HR 1182) passed in November of 2009.

  • You are married to a servicemember who is serving in Idaho and has registered in the military with another state as a home of record; and
  • You have located to Idaho with the servicemember and you have the same domicile (permanent residence) as the servicemember’s home of record.

For specific tax information that applies to military service members and their families, click here.

Property Taxes

Taxable property is assessed at its full market value.  A general property tax is imposed for local purposes and is limited to 1% of market value.  The state property tax is suspended as long as the sales and use tax are in effect.  There is no intangible personal property tax.  A homeowner’s primary residence is eligible for an exemption of 50% of the assessed value of the home, up to a maximum of $100,000.  If you are a qualified Idaho homeowner, you may be eligible for the circuit breaker program.  To qualify you must own and occupy the home as your primary residence, you must meet income requirements and must be either age 65 or older, a widow(er), blind, former POW, fatherless or motherless minor, or a qualifying disabled person.  This program may reduce property taxes on your home and up to one acre of land by as much as $1,320.  For more information on property and other taxes, click here or call 208-334-7733 or 800-972-7660.

Idaho has a property tax deferral program.  For details, click here.

Inheritance and Estate Taxes

At the current time Idaho does not have an inheritance tax, gift tax or an estate tax.

For further information, visit the Idaho State Tax Commission site.

ILLINOIS

Sales Taxes

State Sales Tax: 6.25% (1% on qualifying food, prescription & non-prescription drugs, medical appliances). Local government taxes can raise the total to a high of 11%.
Gasoline Tax:  52.41 cents/gallon (Includes all taxes)
Diesel Fuel Tax: 59.72 cents/gallon (Includes all taxes)
Cigarette Tax: $1.98 /pack of 20 (In Chicago, the state and local rate is $6.16

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Health insurance and long-term care insurance premiums are deductible.
Federal Income Tax Deduction: None
Retirement Income Taxes: Illinois does not tax distributions received from qualified employee benefit plans, including 401(K) plans; an Individual Retirement Account, (IRA) or a self-employee retirement plan; a traditional IRA that has been converted to a Roth IRA; the redemption of U.S. retirement bonds; state and local government deferred compensation plans; a government retirement or government disability plan, including military plans; railroad retirement income; retirement payments to retired partners; a lump sum distribution of appreciated employer securities; and the federally taxed portion of Social Security benefits. For more information, click here.
Retired Military Pay: Not taxed.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Taxes are imposed by local government taxing districts (counties, townships, municipalities, school districts, and special taxing districts.  Most property in the state is assessed at 33.33% of its market value, except farmland which is based on its ability to produce income.  Cook County has different criteria.  Single-family residences are assessed at 16%.  More information – http://tax.illinois.gov/Publications/PIOs/PIO-16pdf

There are seven major homestead exemptions and some that are limited in the application (Click here for details).

General Homestead Exemption is available annually for owner-occupied residential property.  The amount of exemption is the increase in the current year’s equalized assessed value (EAV), above the 1977 EAV, up to a maximum of 6,000.

Senior Citizens Assessment Freeze Homestead Exemption allows senior citizens who have a total household income of less than $55,000, and meet certain other qualifications to elect to maintain the equalized assessed value (EAV) of their homes at the base year EAV thereby preventing any increase in that value due to inflation.

Homestead Improvement Exemption is limited to the fair cash value that was added to the homestead property by any new improvement, up to an annual maximum of $55,000.  The exemption continues for four years from the date the improvement is completed and occupied.

Senior Citizens Homestead Exemption allows a $4,000 reduction in the EAV of the property that a person 65 years of age or older is obligated to pay taxes on, and owns and occupies, or leases and occupies as a residence.  Exemption is limited to the fair cash value that was added to the homestead property by any new improvement, up to an annual maximum of $45,000.  The exemption continues for four years from the date the improvement is completed and occupied.

The Disabled Veterans’ Homestead Exemption of $2,500 exemption is available to a veteran with a service-connected disability of at least 30% but less than 50%; a $5,000 Homestead Exemption is available to a veteran with a service-connected disability of at least 50% but less than 70%; veterans with a service-connected disability of at least 70% are exempt from paying property taxes on their primary residence. This exemption is available to the unmarried surviving spouse of a service-connected veteran provided that the veteran was in receipt of the exemption prior to his/her death.

Senior Citizens Real Estate Tax Deferral Program allows persons age 65 or older, who have a total household income of less than $50,000 and meet certain other qualifications, to defer all or part of their real estate taxes and special assessments. The deferral is similar to a loan against the property’s market value and a lien is filed on the property in order to ensure repayment to the deferral. The state pays the property taxes and then recovers the money, plus 6% annual interest when the property is sold or transferred.

Disabled Persons’ Homestead Exemption provides a $2,000 reduction in a property’s equalized assessed value to a qualifying property owned by a disabled person. An application must be filed annually for this exemption.
Information on the state’s Circuit Breaker and Pharmaceutical Assistance Programs can be found on the Illinois Department of Aging website.

Information on the state’s Circuit Breaker and Pharmaceutical Assistance programs can be found in the state’s Web site.  Click here.

Inheritance and Estate Taxes

Illinois saw its estate tax disappear on January 1, 2010 due to repeal of the federal estate tax, and despite the retroactive reinstatement of the federal estate tax, Illinois’ tax did not come back automatically.  Nonetheless, the Illinois legislature acted quickly at the beginning of 2011 to reinstate the Illinois estate tax for the 2011 tax year with a $2,000,000 exemption.  However, in December 2011 the Illinois legislature acted to increase the exemption to $3,500,000 in 2012 and $4,000,000 in 2013 where it remains.

For further information, visit the Illinois Department of Revenue site or call 800-732-8866.

INDIANA

Sales Taxes

State Sales Tax: 7% (food and prescription drugs exempt)
Gasoline Tax: 56.40 cents/gallon (Includes all taxes)
Diesel Fuel Tax:  65.65 cents/gallon (Includes all taxes)
Cigarette Tax: $1.00 cents/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: None
Federal Income Tax Deduction: None
Retirement Income Taxes: Social Security is exempt. Taxpayers 60 and older may exclude $1,000 from military pensions minus the amount of Social Security and Railroad Benefits received. Taxpayers age 62 and older may deduct from their adjusted gross income $1,000 from a federal civil service annuity. Out-of-state pensions are fully taxed. Homeowners can deduct up to $2,500 from their income taxes for property taxes on their residence. To view information for seniors, click here.
Retired Military Pay: Military retirees who are age 60 are entitled to deduct up to $5,000 of military or survivor benefits.
Active Duty or Reserve Military Pay: Military personnel (regardless of age) on active duty or in the reserves may deduct up to $5,000 of taxable military pay if it is not already excluded or deducted from their adjusted gross income.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Property taxes in Indiana are administered at the local level with oversight by the Indiana Department of Local Government Finance. They are imposed on both real and personal property. Property, which is assessed at 100% of its true value, is subject to taxation by a variety of taxing units (schools, counties, townships, cities and towns, libraries, etc.), making the total tax rate the sum of the tax rates imposed by all of the taxing units in which the property is located.
Homeowners are eligible for a homestead deduction, which is $45,000 or 60% of the assessed value of the homestead, whichever is less. A taxpayer entitled to receive a standard homestead deduction is also entitled to a supplemental deduction — 35% for a homestead with an assessed value of less than $600,000, or 25% for a homestead assessed at more than $600,000.
A Circuit Breaker Program is aimed at helping residents by ensuring they don’t pay more than 3% of their property value in taxes. The goal is to provide predictability in tax bills and equity among Hoosier taxpayers.
For more information on property tax deductions, click here.

circuit breaker program is aimed at helping residents by ensuring they don’t pay more than 2% of their property value in taxes.  The goal is to provide predictability in tax bills and equity among Hoosier taxpayers.

For more information on property tax deductions, click here .

Inheritance and Estate Taxes

Indiana repealed its inheritance tax in 2013. For individuals dying after Dec. 31, 2012, no inheritance tax has to be paid. Click here for details.
For further information, visit the Indiana Department of Revenue site.
*Includes local county taxes

IOWA

Sales Taxes

State Sales Tax: 6% (food and prescription drugs exempt); local option taxes can add up to another 7%.
Gasoline Tax:: 49.10 cents/gallon (Includes all taxes)
Diesel Fuel Tax:  56.90 cents/gallon (Includes all taxes)
Cigarette Tax: $1.36/pack of 20

Personal Income Taxes (Click here)

(Brackets, deductions, exemptions, and tax rate range)

Medical/Dental Deduction: Federal amount
Federal Income Tax Deduction: Full
Retirement Income Taxes: If you receive a pension, annuity, self-employed retirement plan, deferred compensation, IRA or other retirement plan benefits, you may be eligible to exclude from Iowa income tax a portion of the retirement income that is taxable on your Federal return.  The exclusion can be up to $6,000 for individuals and up to $12,000 for married taxpayers.  Click here for details. Social Security benefits are not included.  Iowa does not tax Social Security benefits in the same manner as the IRS.  In calculating the taxable amount of Social Security, single persons can exclude $25,000, married filling jointly can exclude $32,000.  The state is implementing a gradual phase-out of the tax on Social Security income.  For tax year 2013 the phase out percentage is 89%.  To qualify for the exclusion you must be either age 55 or older on December 31, disabled or a surviving spouse or a survivor having an insurable interest in an individual who would have qualified for the exclusion during the year.  Out-of-state government pensions qualify for exemptions.  More information
Retired Military Pay: Up to $12,000 can be excluded for joint filers and up to $6,000 for all other filing statuses for those 55 and older, disabled or surviving spouse of qualifying person.
Military Disability Retired Pay: Retirees who entered the military before Sept. 24, 1975, and members receiving disability retirements based on combat injuries or who could receive disability payments from the VA are covered by laws giving disability broad exemption from federal income tax. Most military retired pay based on service-related disabilities also is free from federal income tax, but there is no guarantee of total protection.
VA Disability Dependency and Indemnity Compensation: VA benefits are not taxable because they generally are for disabilities and are not subject to federal or state taxes.
Military SBP/SSBP/RCSBP/RSFPP: Generally subject to state taxes for those states with income tax. Check with state department of revenue office.

Property Taxes

Iowa has more than 2,000 taxing authorities. All property is assessed at 100% of market value. Most property is taxed by more than one taxing authority. The tax rate differs in each locality and is a composite of county, city, school district, and special levies. A Homestead tax credit is given to residents who live in the state for at least six months of each year and actually live on the property on July 1. Once a person qualifies, the credit continues. The current credit is the first $4,850 of the actual value. Property taxes may be suspended or reduced if the property owner receives Supplemental Security Income or lives in a nursing home and the Department of Human Services is paying part or all of the costs. The suspended taxes will have to be paid when a property is sold or transferred. For more details, click here.

Inheritance and Estate Taxes

The Iowa inheritance tax ranges from 1% to 15% depending on the amount of the inheritance and the relationship of the recipient to the decedent.  If all the property of the estate has a value of less than $25,000, no tax is due. The surviving spouse’s share, regardless of the amount, is not subject to tax. Currently, annual gifts in the amount of $13,000 or less are not taxable. Click here for details. Iowa estate tax is not applicable for deaths on or after 1/1/05 due to changes in the IRS Code which replaced the state death tax credit with a state death tax deduction.

For further information, visit the Iowa Department of Revenue or call 515-281-3114 or 800-367-3388.

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