States without Income Tax
Lesson:
Did you know that some states do not have a state income tax?
They are as follows:
- Alaska
- Florida
- Nevada
- New Hampshire
- South Carolina
- Tennessee
- Texas
- Washington
- Wyoming
As a tax advisor, you should be able to recognize the special status of these states.
You were recently discussing the state income tax situation in Virginia with Margaret Jones, a long-time resident.
Does Margaret have to pay state income tax?
Answer:
- Yes, Margaret does have to pay income tax.
Explanation:
-
Virginia has a state income tax.