State-by-State Guide to Taxes on Retirees
Tool | December 2020

Nevada State Tax Guide for Retirees

State tax rates and rules for income, sales, property, estate, and other taxes that impact retirees.

Nevada

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The Bottom Line
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Most Tax-Friendly

The Silver State offers retirees a jackpot of tax savings. There is no state income tax, so you can cash in your retirement plans and collect your Social Security checks without worrying about a big state tax bill. There are no estate or inheritance taxes in Nevada, either.

Property taxes are considerably below the national average. That's good, as the state offers no property tax breaks for seniors.

Sales tax is one area where Nevada could do better. The state imposes a 6.85% tax, and counties may tack on up to 1.53% more. As a result, the average combined state and local sales tax rate is 8.23% (that's the 13th-highest combined rate in the country).

Income Tax Range

Nevada has no state income tax.

Taxation of Social Security Benefits

Social Security benefits are not taxed by the state.

Tax Breaks for Other Retirement Income

Nevada has no income tax.

Sales Tax

6.85% state levy. Localities can add as much as 1.53%, and the average combined rate is 8.23%, according to the Tax Foundation.

Groceries: Exempt
Clothing: Taxable
Motor Vehicles: Taxable
Prescription Drugs: Exempt

Real Property Taxes

No property tax breaks are offered for seniors.

Annual Car Taxes and Fees

An annual vehicle registration fee and governmental service tax based on the car's value and age is imposed. Additional local taxes may apply.

Estate and Inheritance Taxes

No estate or inheritance tax.

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