Taxes to pay in Florida

When it comes to your state income tax, you might think of the Internal Revenue Service (IRS) as the only organization that collects taxes but in Florida, you'll also be subject to paying taxes to the Florida Department of Revenue (DOR). Also, the state itself does not assess a property tax, although local Floridian governments may administer a property tax. There is no personal income tax in Florida. However, its state and local tax burden of 8,9 percent ranks it 34th nationally.

In addition to withholding federal and state taxes, part of your gross income might also have to contribute to deductions. Florida is one of the few states that does not collect income taxes.

Do you pay car taxes in Florida?

The Florida Department of Revenue issues a Tax Information Publication (TIP) that sets out the vehicle sales tax rates by state. Know the rules and procedures for dealing with Florida sales tax on cars to handle the transaction with ease and keep all the excitement on a positive note. Sales tax is assessed on all motor vehicles, not just automobiles such as cars, trucks, SUVs, and vans. When your payment is the same as or greater than what you would pay in Florida, you don't pay anything more.

If the customer’s home state sales or use tax rate is greater than the Florida sales or use tax rate, then your customer may owe the difference to their home state.