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
warehouse
Photo by pixfly from Shutterstock

What about sales tax and other taxes?

When it comes to sales and use tax, there’s a 6% tax on many (but not all) consumer services and goods. Counties may come up with an extra tax of up to 1.5%, but there are some counties that don’t levy the surtax.

There’s a maximum of $5,000 on the local surtax in various cases, including on vehicles, aircraft, mobile homes, and boats. According to the Tax Foundation, the average combined rate is 7.02%.

Regarding groceries, Florida doesn’t tax most of them, although some prepared food intended for immediate consumption (like sandwiches, for instance) is taxable. Nonprescription and prescription drugs aren’t taxed, and neither are most over-the-counter medical items and medical equipment. Contact lens solution, on the other hand, is taxable. Clothing is also taxed.

Florida’s use tax applies to things purchased out of state when brought into the Sunshine State within six months of the purchase date. Examples include furniture delivered from another state and items bought online. The use tax doesn’t apply if you paid a sales tax of 6% or more to the out-of-state seller.

Florida’s gas tax is adjusted annually. As of January 1, 2023, the state’s gas tax is 0.35225, which is 0.018 cents more per gallon compared to 2022. The gas tax rates also vary by county.

When it comes to alcohol, wine is taxed between $2.25 and $3.50 per gallon, depending on its alcohol content and whether it’s sparkling wine. Beer is taxed at $0.48 per gallon. The tax rate for liquor varies between $2.25 and $9.53 per gallon, depending on the alcohol content. The purchase of wine, beer, and liquor is also subject to the state’s general sales tax plus any extra surtax imposed by the country.

Florida also doesn’t levy a commuter tax. In 2023, Florida drivers will get a 50% discount on tolls provided they have at least 35 toll transactions during a month.

There’s no tax on lottery winnings in Florida, but you’ll still have to pay federal income tax on your prize money.

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Your email address will not be published.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 *

Search

Latest Posts

  • The Worst Time to Fill Up Your Tank - and the Better Days to Buy Gas
  • A warm, candid photo of a smiling senior woman at a market checkout counter, handing a canvas bag to a cashier in soft morning light. The Best Retail Discounts Available to Seniors
  • An elegant watercolor and ink illustration depicting stylized plants representing different income streams like fixed income and dividends. The Supplemental Income Sources Available Today
  • An older woman sits thoughtfully at her kitchen table looking at a paper bill in warm afternoon light. What a Smaller COLA Could Mean for Your Budget
  • Gouache illustration of a couple nurturing a golden plant protected by a glass dome labeled Tax-Free Shield. The Retirement Planning Move That Pays Off Later
  • A retired couple confidently reviews financial documents together in their sunlit, cozy living room. How to Protect Your Retirement Income From Inflation
  • A stylized risograph illustration of a giant red balloon with a percent sign pulling a shopping cart upward as a person tries to hold it dow What Happens If Inflation Keeps Rising?
  • The Retirement Income Mistake That Could Cost You Thousands The Retirement Income Mistake That Could Cost You Thousands
  • An older couple sitting at a wooden kitchen table reviewing their finances with a calculator and bank statements in warm morning light. Could Your Social Security Check Change Next Year?
  • A warm, textured paper collage showing scissors trimming a receipt alongside icons of a house, car, and grocery basket. 7 Purchases Retirees Are Cutting Back On

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

new 2024 tax plan

Biden Proposed a New 2024 Tax Plan (and You Should See It Now)

Global minimum tax The proposal would revoke Base Erosion and Anti-Abuse Tax liability, replacing them…

Read More →
IRS refund

Tax Refund Alert: Americans May See a $1,000 Increase in 2026

Who Might Not See a Bigger Tax Refund? Despite the optimistic projections, not everyone will…

Read More →
income tax, change

These 9 States Have No Income Tax

Everyone wants to have their tax rates reduced. But this isn’t as impossible as some…

Read More →
Gouache illustration of a couple nurturing a golden plant protected by a glass dome labeled Tax-Free Shield.

The Retirement Planning Move That Pays Off Later

Discover the ultimate retirement planning move: using strategic Roth conversions and HSAs to protect your…

Read More →
retirement

10 Ways to Cut Down on Taxes in Retirement

Retirement is meant to be easy, but with inflation rising, the overall situation is more…

Read More →
Stimulus Check

These 18 States Are Sending Out Stimulus Checks Now!

6. Hawaii – $300 Allowance Payments In June, the Hawaii state legislature authorized a tax…

Read More →
tax documents

7 Important Tax Documents to Never Throw Away

Hands carefully sorting through an accordion file folder to ensure important tax documents are organized…

Read More →
check

Social Security SSI $994 Payment for June 2026: Deposit Date, Eligibility, and Who Qualifies

Frequently Asked Questions One of the most common questions is when exactly the June 2026…

Read More →
property taxes

Here Are 10 States With the Most Favorable Property Taxes

6. South Carolina Average House Value in 2022: $261,882 Effective Property Tax Rate in 2019:…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.