Florida Paycheck Calculator
Easily estimate take home pay after income tax so you can have an idea of what to possibly expect when planning your budget
Last reviewed on January 29, 2023
Results
Income Before Tax
Take Home Pay
Total Tax
Average Tax Rate
$ = US Dollar
Income Before Tax
Federal Income Tax
State Income Tax
State Tax Credits
Social Security
Medicare
State Disability Insurance
State Paid Family and Medical Leave (PFML)
State Unemployment Insurance
State Worker Comp
State Transit Tax
Mental Health Services Tax
Local Income Tax
Total Tax
Take Home Pay
Federal Deductions
State Deductions
Average Tax Rate
Table of Contents
Summary
Enter your employment income into the paycheck calculator above to estimate how taxes in Florida, USA may affect your finances. You'll then get your estimated take home pay, an estimated breakdown of your potential tax liability, and a quick summary down here so you can have a better idea of what to possibly expect when planning your budget.
This paycheck calculator also works as an income tax calculator for Florida, as it shows you how much income tax you have to pay based on your salary and personal details.
To learn more about Florida, its income tax, and tax brackets, so that you can get a deeper understanding of how your budget and finances may be affected, scroll down to the detail section below!
Frequently Asked Questions
What is the income tax rate in Florida?
The state income tax rate in Florida is 0% while federal income tax rates range from 10% to 37% depending on your income. This paycheck calculator can help estimate your take home pay and your average income tax rate.
How many income tax brackets are there in Florida?
Florida does not have a state income tax so there are no tax brackets. However, there are still tax brackets for federal income tax. For more details, check out our detail section.
How Your Florida Paycheck Works
Florida, the land of sunshine, oranges, and no state income tax. That's right, no state tax on income.
The Sunshine State is one of the few that offers this perk. This means that you will not see any state income tax deducted from your paycheck, which can make a big difference in your take-home pay compared to other states. Additionally, no Florida cities charge a local income tax either, so you don’t have to worry about that too.
However, just because Florida does not have a state income tax does not mean that you will not pay any other taxes on your paycheck.
The federal government levies taxes on your income based on your filing status, income level, and applicable tax brackets. When you start a job, you have to fill out Form W-4, which tells your employer how much to withhold from your paycheck for federal income tax. If you ever have a change in your circumstances or want to adjust your withholding amount, you can re-submit a new Form W-4 anytime.
Since Florida does not have a state tax on income, there is no equivalent form for state withholding purposes.
In addition to federal income tax, you will also pay Social Security and Medicare taxes on your earnings. These are together also known as FICA taxes and they fund the social programs that provide benefits for retirees, disabled people, and their dependents. The current rates for these taxes are 6.2% for Social Security on wages up to $147,000 in 2022 and 1.45% for Medicare on all wages. If you have a high income over a certain threshold, you'll also see a 0.9% Medicare surtax as well. Of note, your employer will match these contributions.
You might also have other items taken out of your gross pay. Some of these may include pre-tax contributions like ones to retirement plans such as 401(k) or IRA accounts, health savings accounts (HSAs), flexible spending accounts (FSAs), health insurance premiums, life insurance premiums, etc. These contributions may lower your taxable income and therefore reduce your tax liability.
Florida's lack of state income tax makes it an attractive destination for many workers who want to keep more of their earnings. This is especially so for retirees.
That said, this also means that the state relies more heavily on other sources of revenue such as sales tax, property tax, etc. These taxes may affect your cost of living depending on where you live and what you buy in the state.
As for what the future holds, Florida has a constitutional amendment (passed in 2018) that requires a two-third vote of legislature to increase state taxes or fees. This makes it unlikely that Florida will introduce a state income tax anytime soon unless there is a major fiscal crisis or public demand.
More From Investomatica:
For sales tax, please visit our Florida Sales Tax Rates and Calculator page.
Calculate Your Paycheck in Other States and US Regions
Calculate Your Paycheck in Other Parts of North America
Disclaimer
- The content shown on this page is strictly for educational purposes only. It does not represent advice nor is it a substitute for a professional advisor.
- Estimated results are just estimates. They are not a guarantee of future results.
- While internal calculations are not rounded, all final resultant numbers are rounded normally with numbers ending in 0.5 and above being rounded up.
- Tax situations vary widely and calculations can get very complex. This paycheck calculator only provides a rough estimate according to the most common scenarios for standard employment income that comes from an employer. If you are self-employed, your taxes might differ.
- There may be additional deductions, credits, exemptions, allowances, reliefs, etc depending on many factors. Some factors are about your family such as the number of dependents, children, relatives, parents, etc. Other factors may include mortgage payments, property depreciation, charitible donations, additional voluntary retirement contributions, etc. Whether or not you are handicapped and/or disabled may also sometimes be an additional factor.
- Depending on region and jurisdiction, salary bonuses may be treated and taxed differently from standard salary.
- Calculators from other sites may show slightly different numbers due to different deductions/credits being included or they are based on data from a different year.
- Generally, we review changes once a year since tax codes usually change once a year. If you notice a major miscalculation or error with our paycheck calculator (most likely caused by a typo somewhere), feel free to direct message us on twitter and let us know. However, if you have specific questions about your own personal situation, please consult a licensed tax professional.
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