Disclaimer: This calculator gives you an estimate based on tax rates and details found online. These rates may change over time. For the most accurate and up-to-date information, please check the official IRS website and your state’s tax website. Always talk to a tax expert for advice about your personal tax situation.
How We Calculate the Result
In Nevada, there is no state income tax. This means you don’t pay income tax to the state, no matter how much you earn. However, you might still need to file a federal income tax return based on your income, age, and filing status.
Our calculator takes your household income, age, and filing status, and then checks whether your income is high enough to require filing a federal return. You can also enter optional deductions like 401(k) contributions, IRA contributions, itemized deductions, and state exemptions (for federal purposes).
Although there’s no Nevada income tax, the tool helps you understand your tax situation at the federal level, and informs whether you’re required to file your taxes.
About Nevada Income Tax
Nevada is one of the few states in the U.S. that does not charge any state income tax. Whether you are single, married, or head of household, you don’t have to pay state income tax on your salary or wages in Nevada. This makes Nevada a tax-friendly state for residents and retirees.
Because there’s no income tax, you don’t have to worry about state tax brackets, deductions, or personal exemptions for state purposes. However, you still have to follow federal tax laws, which may require you to file a return depending on your income and age. Other taxes like sales tax, property tax, and business tax still apply in Nevada.
Living in Nevada can reduce your overall tax burden, especially if you have a high income or are living on retirement savings.
Frequently Asked Questions
What is the income tax rate in Nevada?
Nevada has a 0% state income tax rate. No matter how much money you earn, you do not pay income tax to the state of Nevada. However, you may still need to pay federal taxes depending on your income and other factors.
When do singles start paying income tax in Nevada?
Since Nevada has no state income tax, singles do not pay state taxes. But for federal taxes, if you’re under 65 and earn at least $14,600, you are required to file a federal tax return. Over age 65, the limit increases to $16,550.
When do married filers start paying income tax in Nevada?
Nevada does not charge income tax for married couples. However, for federal taxes, married couples under age 65 must file a return if they earn at least $29,200. If both spouses are over 65, the limit rises to $32,300.
Is Nevada a tax-free state for income?
Yes, Nevada is a state income tax-free state. It does not tax individual income at all. You still need to check if you owe federal income taxes, and you may have to file a return based on your income and age.
Do retirees pay income tax in Nevada?
No, retirees in Nevada do not pay any state income tax on Social Security or retirement income. However, depending on your total income, you may still have to file and pay federal taxes.