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Most Florida residents will be getting an extension for some tax deadlines because of Hurricanes Ian and Nicole. Are you ready to file your taxes? What to know about Florida deadlines and extensions
Type of Tax. Tax Rate Range. General sales tax. 6%. State income tax. 0%. Corporate income tax. 5.5%. Average Florida property tax. 0.91%
A May 1, 2025, deadline to file 2023 tax returns exists for taxpayers affected by Hurricane Helene in all or parts of Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia.
Florida – no individual income tax [10] but has a 5.5% corporate income tax. [11] The state once had a tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc.), but it was abolished at the start of 2007. [12] Nevada – no individual or corporate income tax.
The 2024 child tax credit is worth up to $2,000 per qualifying child, according to NerdWallet. The credit decreases if your modified adjusted gross income exceeds $200,000, or $400,000 for a ...
Be sure to mark Apr. 15, 2025, as the tax payment deadline for your 2024 taxes and plan accordingly for both your federal income taxes and state taxes.
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