Quick Reference Fiscal Table

State Individual Income Taxes

The following seven states have no individual income tax:

Alaska
Florida
Nevada
South Dakota
Texas
Washington
Wyoming

Two states have limited individual income tax:

New Hampshire--Only interest and dividends are taxed.
Tennessee--Only interest and dividends are taxed.

The other forty-one states have an individual income tax.

State Sales Tax

The following states have no sales tax:

Alaska (local sales taxes are additional)
Delaware
Montana
New Hampshire
Oregon

State Fiscal Years

The fiscal years of all states but four end on June 30:

Alabama (ends Sept. 30)
Michigan (ends Sept. 30)
New York (ends March 31)
Texas (ends Aug. 31)

Virgin Islands (ends Sept. 30)

American Samoa (ends Sept. 30)

Northern Mariana Islands (ends Sept. 30)

 

 

 


Posted July 2000, reviewed July 13, 2012.
Email statebudget-info@ncsl.org for more information.

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