Florida retirement taxes in 2026: what retirees pay
Florida has no state income tax in 2026. Three example retirees, worked through Florida's rules.
Monte Climb3 min readFlorida keeps things simple for retirees: the state has no income tax. Your pension, the withdrawals you take from an IRA or other workplace retirement accounts, and your Social Security benefits are not taxed by the state. There are no exclusions to track, no age thresholds to meet and no state brackets to plan around. What you still owe goes to federal tax, and that's where the figures below come in. They show how your retirement income looks when the state takes nothing.
Florida retirement taxes at a glance (2026)
| State income tax | None 1 |
| Social Security | Not taxed (no income tax) 1 |
| Pensions and IRA withdrawals | Not taxed 1 |
How Florida treats retirement income
Florida has no income tax, so pensions, IRA and 401(k) withdrawals and Social Security are not taxed by the state. 1
What three retirees would pay in Florida
These are estimates from Monte Climb's planner on 2026 law, for three example households. They start, as the app does, from federal taxable income: the 2026 standard deduction plus the extra amount at 65 2, the taxable part of Social Security 3 and the senior deduction 4.
| Single, 67 | Couple, both 67 | Couple, both 62 | |
|---|---|---|---|
| Social Security | $24,000 | $42,000 | $0 |
| Pension | $0 | $24,000 | $0 |
| IRA withdrawals | $30,000 | $36,000 | $70,000 |
| Interest and dividends | $0 | $4,000 | $6,000 |
| Federal taxable income | $17,150 | $52,200 | $43,800 |
| Florida tax | $0 | $0 | $0 |
| Share of total income | 0% | 0% | 0% |
- A single retiree, 67 with $54,000 of income would owe about $0 to Florida.
- A married couple, both 67 with $106,000 of income would owe about $0 to Florida.
- A married couple, both 62, before Social Security with $76,000 of income would owe about $0 to Florida.
The same couple next door
The married couple, both 67, with $106,000 of income, in Florida and the states around it:
| State | State tax |
|---|---|
| Florida | $0 |
| Alabama | $0 |
| Georgia | $0 |
Every figure here starts from federal taxable income, as above, so a state whose own deductions are smaller can tax more than shown.
What these estimates leave out
- City income taxes, and capital gains rules a state applies apart from its rate.
- Rules for military and public-employee pensions that some states treat separately.
What this means for your plan
With no state income tax, Florida takes state tax out of your retirement math. How you draw from your accounts, when you claim Social Security and how big your pension is still matter, but only because of federal tax and how long your savings need to last, not because of anything Florida charges. Monte Climb runs these rules on your own plan, so you can see how living in Florida changes what you keep each year compared with other places you might live.
Sources
- Florida income tax for 2026 (Monte Climb's audit grades it high)
- Rev. Proc. 2025-32 §4.14(1) and §4.14(3): the 2026 standard deduction and the additional amount at 65
- IRC §86 and IRS Publication 915: how much of Social Security is taxable (thresholds set by statute, not indexed)
- P.L. 119-21 (One Big Beautiful Bill Act) §70103: the $6,000 deduction for each person 65 or older, 2025–2028
Figures computed by code from Monte Climb's 2026 state tables (snapshot f024e17). An illustration, not tax advice.
Frequently asked questions
Does Florida tax Social Security?
In 2026, Social Security is not taxed (no income tax) in Florida.
What is Florida's income tax rate in 2026?
Florida has no state income tax.
How much state tax would a retired couple pay in Florida?
A married couple, both 67, with $106,000 of Social Security, pension and IRA income would owe about $0 to Florida in 2026, by Monte Climb's estimate.
Part of Retirement taxes by state (2026).
When can you actually retire?
Three numbers. We run your savings through 1,000 simulated futures, the same engine behind the app, and give you one clear answer.
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