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Florida Taxes

  • No personal income tax on Florida residents
  • No personal property tax on individuals
  • State sales tax is 6.00%, local county taxes 1.50%
  • Intangible tax is levied on some stocks, bonds, etc.
  • Individual exemption is $250,000, joint exemption is $500,000
  • Tax is approximately $0.50 per $1,000.00. (See Florida Department of Revenue for details)

Source: Florida Department of Revenue - www.myflorida.com/dor