Tuesday, November 13, 2018


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With federal income tax rates for all taxpayers down as of this year, you might be looking forward to a lower tax bill for 2019.

The best and worst

The 10 most tax-friendly states
The 10 least tax-friendly states
AlaskaMinnesota
WyomingMaryland
South DakotaNew York
FloridaIllinois
NevadaMaine
North DakotaVermont
DelawareHawaii
ArizonaCalifornia
MississippiNew Jersey
LouisianaConnecticut
Source: Kiplinger

Sales taxes, property taxes and other levies such as vehicle taxes also vary from state to state, as well as taxes on things like gas or cigarettes.

For retirees, state of residence can make a big difference when it comes to how much of their income goes to taxes. In addition to some states not taxing Social Security, others don’t tax income from retirement accounts such as 401(k) plans, individual retirement accounts and pensions.

Still others extend specific breaks to people age 65 or older. Estate taxes also vary from state to state. And, of course, some states offer very little tax relief for retirees.

The chart below shows how each state ranks. For details on each state, visit the full Kiplinger map.

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