Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

Florida Tax Guide: What Retirees Will Have to Pay (and What They Won’t)

May 10, 2023 · Taxes
social security stealth return
Photo by chuckstock from Shutterstock

Does Florida tax Social Security benefits?

The answer is no, but you may have to pay federal taxes on a fraction of your Social Security benefits, depending on your income level. As much as 50% of your retirement benefits will be taxed if you file an individual tax return and your income falls between $25,000 and $34,000. The same tax rule applies if you file jointly and have a combined income of between $32,000 and $44,000.

However, if you earn more than $34,000 individually or $44,000 as a couple, you have to pay taxes on up to 85% of your retirement benefits.

Keep reading to see what other taxes you may have to pay if you live in Florida!

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • amazon prime, money Here’s How to Get Your Refund From Amazon’s $2.5B FTC Settlement
  • social security, Social Security task Who Will Receive Social Security Payments on January 14, 21, and 28?
  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office

Related Articles

A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

3. Qualified Charitable Distributions (QCDs) The Qualified Charitable Distribution, or QCD, is arguably the most…

Read More →
Stimulus Check

These 18 States Are Sending Out Stimulus Checks Now!

4. California – Up to a $1,050 Tax Credit Approximately 23 million citizens of California…

Read More →
taxes, income stealth, check

8 Surprising Things You Must Pay Taxes For

Found a Hidden Fortune? Prep Yourself to Pay Taxes on It! We already know that…

Read More →
tax breaks for homeowners

7 Tax Breaks for Homeowners and Home Buyers

Owning a home is a key part of the American Dream. Whether you fancy a…

Read More →
prepare early for the tax season avoid

8 Unexpected Reasons to Prepare Early for The Tax Season

4. Avoid the tax season rush If you will prepare early for the tax season…

Read More →
social security, Social Security task

Who Will Receive Social Security Payments on January 14, 21, and 28?

Tips for Beneficiaries for January 2026 If you receive Social Security benefits, here are a…

Read More →
IRS refund

13 Ways to Get Your IRS Tax Refund Faster Than Ever

Make sure you check the Social Security numbers for everyone mentioned on your tax forms…

Read More →
experts stealth

Can’t Pay Your Taxes? Experts Shared 3 Solutions for You

What do experts suggest to do when you cannot pay your taxes? Life works in…

Read More →
stealth

7 Stealth Taxes that Can Destroy Your Retirement

Net investment income tax The net investment income tax has been under the radar for…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.