What comes out of a Florida paycheck
With no state income tax, a Florida paycheck has the same deductions as one in Texas: federal income tax under the IRS Publication 15-T tables, 6.2% Social Security and 1.45% Medicare. Florida’s reemployment (unemployment) tax is paid entirely by employers.
Florida raises revenue through a 6% state sales tax plus county surtaxes, tourism taxes and property taxes.
Worked example: $60,000 in Florida
Single, $60,000 salary, paid every two weeks, Florida
Gross pay is $2,307.69 per paycheck. Federal income tax is $193 and Social Security and Medicare $177. Take-home pay is $1,938 per paycheck, or $50,390 a year.
- Take-home pay per year
- $50,390
- Federal income tax withheld
- $193.08
- Florida income tax withheld
- $0.00no state income tax on wages
| Item | Per paycheck | Per year |
|---|---|---|
| Gross pay | $2,307.69 | $60,000.00 |
| Federal income tax | −$193.08 | −$5,020.08 |
| Social Security (6.2%) | −$143.08 | −$3,720.08 |
| Medicare (1.45%) | −$33.46 | −$869.96 |
| Take-home pay | $1,938.07 | $50,389.88 |
At $100,000 a year, take-home pay is about $79,180 a year.