What state, besides Tennessee have no Income tax? I'm thinking of moving to a state with no Income tax?

I'm thinking of moving to a state with no Income tax. Asked by apbt 59 months ago Similar questions: state Tennessee Income tax thinking moving Business > Taxes.

Similar questions: state Tennessee Income tax thinking moving.

Florida for one :) And here's all of them: * Alaska – no tax on individuals but there is a state corporate income tax * Florida – no tax on individuals but there is a state corporate income tax. Once had tax on "intangible personal property" held on the first day of the year (stocks, bonds, mutual funds, money market funds, etc. ) but will be abolished starting in 2007. The Florida Constitution explicitly prohibits a personal income tax.

* Nevada * New Hampshire – does have tax on interest and dividends, wages earned in other states, and wages earned by non-residents * South Dakota * Tennessee – does have tax on interest and dividends * Texas – in May 2006, passed a gross receipts tax on businesses. The Texas Constitution places severe restrictions on passage of a personal income tax and use of its proceeds. * Washington – has a corporate tax called the "Business and Occupation Tax (B&O)" * Wyoming Sources: http://en.wikipedia.org/wiki/State_income_tax#U.S._States_without_a_personal_income_tax .

Here is a list for you..... According to the IRS, the following states do not have an income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Texas, Tennessee, Washington, and Wyoming. (http://www.irs.gov/efile/article/0,,id=130684,00.html) But keep in mind, states without income tax usually have higher sales tax, etc. I live in TN, and our sales tax rate is 9.25%. Hope that helps.

Sources: www.irs.gov, my experience .

Seven states don't have income tax Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming don't have income tax. Ne. W Hampshire and Tennessee only tax interest and dividend income However there are some things you should consider: States with no income tax often have very high sales tax Alaska and Florida have very high costs of living (some of the others might also) If you just want to go somewhere where there are low overall taxes or cost of living you might consider looking at what the average amount of taxes (or percentage of income in taxes) that people in the state live.

For a chart of the individual states income tax rates go here: http://www.taxadmin.org/fta/rate/ind_inc.html Sources: http://www.govspot.com/know/incometax.htm, Mistral's Recommendations Lower Your Taxes - Big Time! 2007-2008 Edition (Lower Your Taxes Big Time) Amazon List Price: $18.95 Used from: $10.36 Average Customer Rating: 4.5 out of 5 (based on 3 reviews) .

AK, FL, NV, NH, SD, TN, TX, WA, WY Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming all do not have a State Income Tax. Note that New Hampshire and Tennessee both do tax interest and dividends. Sources: http://www.taxadmin.org/FTA/rate/ind_inc.html .

Florida has no income tax Florida is a great place to live AND there is no income tax. However, it is HOT and the cost of living continues to rise and rise. Have fun finding a new place to live!

Google Map View Larger Map Check out Titusville. It is a nice place on the coast and not TOO expensive in areas. Not so much tourist traffic, but close to Daytona, Ron Jon's, Orlando, etc..

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Am a resident alien and was not in US at all during the year.

I want to work overseas. I now live in Mass. Can I move to a state that doesn't have state income tax then go overseas?

I'm thinking about moving to another state, but I'm alone. Any ideas on the subject?

I'm thinking about renting a room in my primary residence. Is it legal? How do you pay taxes on the income?

How to file state tax return if income has only ESPP sale. Am a resident alien and was not in US at all during the year.

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