Florida Taxes for Retirees (2026): Income, Estate, Probate

Income taxes: the easy part

What Florida probate actually costs (the part every guide skips)

New for 2026: the small-estate limit just doubled

Is Florida a good state to retire in for taxes?

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2026 edition · statute-cited · part of Clear Money Guide’s 51-state retirement tax series. This guide covers state taxes on retirement income and estate transfers; property and sales taxes vary by county and are outside its scope.

Updated July 24, 2026. Quick answer: Florida levies no personal income tax — Social Security, pensions, 401(k) and IRA withdrawals are all untaxed at the state level (Fla. Const. art. VII), and there is no estate or inheritance tax (the Florida Constitution limits them to the amounts that may be credited or deducted under the similar federal tax). That part is table stakes. What most guides never quantify is the cost that does exist: probate. Florida is one of only a handful of states with a statutory attorney-fee schedule for estate administration, and it can dwarf a lifetime of state-tax savings if you don’t plan around it.

Read box by box from the IRS form text: Form 1099-R boxes 14 to 19.

Inherited an IRA? What the state’s own documents say about taxing those withdrawals: Florida tax on inherited IRA withdrawals.

Hold a 403(b) or 457(b)? What the state’s own documents say about taxing those withdrawals: does Florida tax 403(b) and 457(b) withdrawals.

Married, or planning for a spouse’s death? Whether the state is a community property state, from its own statutes: Is Florida a community property state?.

Before the tax question, the Tampa Firefighters and Police Officers Pension Fund rules, from the Fund’s own documents: Tampa fire and police pension decisions.

Before the tax question, the Jacksonville Police and Fire Pension Fund rules, from the fund’s own documents: Jacksonville police and fire pension decisions.

Withdrawing from an IRA or 401(k)? Whether the state withholds tax from it, from its own documents: Florida tax withholding on IRA and 401(k) withdrawals.

Before the tax question, the Tampa General Employees Retirement Fund options, DROP and survivor rules, from the Fund’s own sheets: Tampa general employees retirement decisions.

Selling your home? How the state taxes the profit, from its own tax documents: Does Florida tax the profit from selling your home?.

Taking money out of your TSP? How the state taxes it, from its own tax documents: Does Florida tax TSP withdrawals?.

For a pension earned elsewhere or paid after you move: does Florida tax out-of-state pensions.

Before the tax question, the Jacksonville general employees’ plan and the Miami police and fire trust, with lump sum, DROP and refund rules from their own documents: Jacksonville general employees pension decisions and Miami FIPO retirement decisions.

For trust income specifically: does Florida tax trust income.

Inheriting from, or planning for, someone in this state? Whether the state has an inheritance tax, from its own tax documents: Does Florida have an inheritance tax?.

For dividends and interest specifically: does Florida tax dividends and interest.

Contributing to an HSA? How the state taxes it, from its own tax documents: Does Florida tax HSA contributions?.

For annuity payments specifically: does Florida tax annuity income.

Planning for what you leave behind? The state’s estate tax answer, from its own tax documents: Does Florida have an estate tax?.

For military retired pay: does Florida tax military retirement.

Saving for a child’s college? The state’s 529 break has its own page: Florida 529 plan tax deduction.

For the sale of stocks, funds or real estate: does Florida tax capital gains.

For 401(k) and IRA withdrawals specifically: does Florida tax 401(k) and IRA withdrawals.

The Florida Retirement System’s two plans, and what each move costs: FRS Investment Plan vs Pension Plan.

Income taxes: the easy part

State income tax	None — prohibited by Fla. Const. art. VII
Social Security	Not taxed
Pension / 401(k) / IRA withdrawals	Not taxed
Estate tax	None (the Florida Constitution limits estate and inheritance taxes to the amounts that may be credited or deducted under the similar federal tax)
Inheritance tax	None

What Florida probate actually costs (the part every guide skips)

Florida’s presumptive attorney-fee schedule (Fla. Stat. §733.6171) — presumed reasonable, disclosed as negotiable: $1,500 for estates up to $40,000; +$750 for $40–70k; +$750 for $70–100k; 3% of the next $900,000; 2.5% from $1M–$3M; 2% from $3M–$5M; 1.5% from $5M–$10M; 1% above $10M. The personal representative earns a separate statutory commission (Fla. Stat. §733.617): 3% of the first $1M.

Worked example — $600,000 probate estate: presumptive attorney fee $1,500 + $750 + $750 + 3% × $500,000 = $18,000; personal representative commission 3% × $600,000 = $18,000; clerk filing fees ≈$400 (Fla. Stat. §28.2401). Total ≈ $36,400 before costs — on an estate that paid $0 in Florida income and estate tax.

New for 2026: the small-estate limit just doubled

Effective July 1, 2026, Florida’s summary administration threshold rises from $75,000 to $150,000 (Fla. Stat. §735.201, amended by CS/HB 1337, Ch. 2026-57, approved by the Governor April 30, 2026) — exempt homestead doesn’t count toward the limit, and estates of any size qualify once the death is more than two years past. Disposition without administration of intestate estates (§735.304) doubled from $10,000 to $20,000 of nonexempt personal property, on top of exempt property and certain funeral and medical expenses. A $120,000 non-homestead estate that needed formal administration in June 2026 qualifies for summary administration in July — roughly a $345 filing instead of the statutory fee schedule above. Most sites still cite the old $75,000 figure.

Planning tools: our will-vs-trust breakeven calculator models Florida’s statutory schedule directly, and the 51-state probate cost table and small-estate limits table put these numbers in national context.

What the tax picture means for your own accounts

A state guide can set out how the rules treat retirement income in general, but not how they land on your particular mix of pensions, withdrawals and savings, and an adviser can work that through with you.

Before you start, what actually happens. The form is run by Kapitalwise, our advisor-matching partner. Kapitalwise sends your details to advisers who pay for the introduction, so expect calls and texts. Clear Money Guide is paid when you submit the form, whether or not you ever hire anyone. This is free to you and there is no obligation to hire anyone.

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Is Florida a good state to retire in for taxes?

On income taxes: yes, unambiguously — $0 on Social Security, pensions, and retirement-account withdrawals, and no tax at death at the state level. The honest caveats are the ones this page quantifies: an unplanned probate estate faces a statutory fee schedule that a revocable trust or summary administration can largely avoid, and (outside this guide’s scope) county property taxes and homeowner’s insurance are the costs relocators most often underestimate. Verify both for your county before you move.

Florida is one of 43 jurisdictions that do not tax Social Security at any income level in 2026. The other 8 exempt benefits only up to an income or age limit. Full rules and statutes: the 51-state table.

How Florida compares with other Southeast retirement states

State	Social Security	Pension / 401(k) / IRA	Estate tax	Inheritance tax
Florida	Not taxed	Not taxed (no income tax)	None	None
Georgia	Not taxed	Excluded up to $65,000/person at 65+	None	None
South Carolina	Not taxed	Deduction: $10,000/yr at 65+	None	None
North Carolina	Not taxed	Taxed at flat 3.99% (2026)	None (repealed 2013)	None
Tennessee	Not taxed	Not taxed (no income tax)	None	None

Comparison rows summarize each state’s general rules; see our 51-state retirement tax table for statute-cited detail on every state.

Considering a Roth conversion? The converted amount is taxed as ordinary income in the year you convert, and Florida may treat it differently from the retirement income above — see how all 51 jurisdictions tax Roth conversions.

Finding a financial advisor in Florida

Per the SEC’s July 2026 Investment Adviser roster, Florida is home to 1,056 SEC-registered advisory firms (#4 nationally) managing $4.08 trillion in regulatory assets (#8 by AUM). Median firm size is $377,489,336. Full breakdown: Florida advisor statistics.

A move between states is exactly when fee structures and state tax rules deserve a second look — see our advisor cost guide and fee-drag calculator.

Thinking about moving?

Four taxes change when you move state in retirement, not one: income tax on withdrawals, state estate tax, state inheritance tax, and what probate costs your heirs. Corridor comparisons involving Florida:

Moving to Florida? See retiring to Florida.

Compare any two states with the retirement tax comparison tool, or browse all corridors at the relocation hub.

What probate costs in Florida

Florida is one of only seven jurisdictions that publish an actual statutory percentage schedule, so the probate fee can be computed exactly rather than estimated. And the small-estate shortcut of $150,000 is measured after subtracting the value of property exempt from the claims of creditors, so that property does not count toward the limit. Full detail with the governing statute, the court filing fee and the threshold: Florida probate cost. To price a specific estate, use the probate cost calculator.

Cite or share this guide

Suggested citation: Clear Money Guide, “Florida Retirement Taxes (2026 edition),” statute-cited; clearmoneyguide.com/florida-retirement-taxes/. Free to cite with attribution and a link. Statutes and official sources are linked throughout; data verified July 23–24, 2026 against state statutes, session laws, and revenue-department guidance.

Figures verified against Fla. Stat. §733.617, §733.6171, §735.201, §735.304 and §28.2401, Fla. Const. art. VII §5, and the Florida Senate page for CS/HB 1337 (Ch. 2026-57) on September 30, 2026; the South Carolina and North Carolina comparison rows and the seven-jurisdiction count were not re-checked.

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Florida Taxes for Retirees (2026): What You Pay, What You Don’t, and What Probate Actually Costs

What this state guide covers