MY FLORIDA

LIFE

FLORIDA

TAXES

Your     Florida     

Your     Home

Your     Life

One of the many benefits of living in Florida is that there is no personal income tax! The main taxes collected in Florida Include:
  • sales/use tax - 6%
  • corporate income tax
  • property pax - based on current market value
  • Florida does not assess any estate tax or inheritance tax.
  • No tax to the state on intangible items (investments) 
TAX EXEMPTIONS 
  • Homestead Exemption - for those who have their primary residence in FL (own their own home within FL).
    • It is available up to $50,000
    • APPLY FOR HOMESTEAD IMMEDIATELY AFTER RECEIVING YOUR DEED for YOUR NEW HOME
    • Need information on how to apply for homestead exemption? Fill out the form below and we will get you the information you need.
  • Veteran Exemptions - exemptions are available for:
    • Honorably discharged and disabled vets 65 or older.
    • Honorably discharged totally and permanently disabled.
    • Documented as disabled by 10% in service/war related events.
    • Deployed in the last calendar year.
  • Disability Exemptions - are available for homeowners with complete and permanent disabilities as well as the legally blind.
  • Blind Person Exemptions - $500 available.
  • Widow(er) Exemption - $500 available to widows and widowers who have not gotten re-married.
FOR MORE INFORMATION, PLEASE VISIT
floridarevenue.com