Florida vs South Dakota Taxes (2026)

Side-by-side comparison of income tax, property tax, sales tax, capital gains, and retirement treatment between Florida and South Dakota for tax year 2026. Use the calculator below to estimate how much you would save (or pay) after relocating.

TaxFloridaSouth Dakota
State income tax (effective)NoneNone
Long-term capital gainsNone (federal only)None (federal only)
Property tax (effective)0.89%1.24%
Combined sales tax7.00%6.44%
Retirement incomeno-taxno-tax
Income systemnonenone

Tax savings calculator

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$
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Estimated 2026 burden

Florida total tax

$15,370

South Dakota total tax

$15,370

Florida state tax

$0

South Dakota state tax

$0

Difference

+$0

South Dakota saves you money

As % of income

0.00%

Federal tax is identical in both columns and excluded from the difference. Numbers use 2026 IRS brackets, state effective rates, and the 3.8% NIIT where applicable.

Relocation analysis

On these inputs, Florida and South Dakota produce roughly the same tax burden.

  • Property tax difference on a $400k home: $1,400/yr.
  • Sales tax difference on $50k of taxable spending: $280/yr.
  • Capital gains difference per $10k gain: $0.

Key differences

  • Florida: No personal income tax; 5.5% corporate rate; popular for relocation.
  • South Dakota: No personal or corporate income tax; popular trust jurisdiction.
  • Income system: Florida is none, South Dakota is none.
  • Retirement: Floridano tax; South Dakotano tax.

Recommended Tax Filing Software

Once you know what you owe, file with software built for your situation. We compare the top U.S. options below.

Editor's pick

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  • State filing adds up
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Best value for self-employed

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Best truly-free federal e-file

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  • Free federal filing for all forms
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Comparison FAQs

It depends on income mix. South Dakota has an effective income rate of 0% vs Florida's 0%. Property tax (0.89% vs 1.24%) and sales tax can swing the answer.

Related resources

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