Nevada state tax: Overview
Navigating the complexities of state taxes can be daunting, but understanding Nevada's tax landscape is essential for residents and newcomers alike.
In this guide, we'll explore key components of The Silver State's tax system, from income and sales taxes to property taxes and retirement benefits.
Nevada is a great place if you're looking to keep more of your income. There’s no state income tax at all, and property taxes tend to be on the lower side compared to other states.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
It also keeps things simple when it comes to estate planning. There are no estate or inheritance taxes, so you can pass things on without added tax concerns.
[Data for this state tax guide was gathered from a number of sources including the Census Bureau, the state’s government website, the Sales Tax Handbook, and the Tax Foundation. Property taxes are cited as a rate percentage rather than the assessed value.]
Nevada state income tax
Nevada is one of nine states that have no personal income tax.
Nevada retirement taxes
Nevada is one of the states with no income tax, so you don’t need to worry about having any of your retirement income taxed on the state level. There are no estate or inheritances taxes to worry about in Nevada either.
- Social Security: Not taxable
- Pensions: Not taxable
- 401(k) and IRA Distributions: Not taxable
Nevada sales tax
Nevada has a state sales tax rate of 4.6%. Localities can add as much as 3.775%, and the average combined rate is 8.24%, according to the Tax Foundation.
- Groceries: Exempt
- Clothing: Taxable
- Motor Vehicles: Taxable
- Prescription Drugs: Exempt
Nevada typically offers a yearly sales tax holiday in October. According to the Nevada Department of Taxation, the "period of tax exemption includes the Friday on which Nevada Day is observed and the Saturday and Sunday immediately following."
Nevada property tax rate
In Nevada, the median property tax rate is 0.49% of assessed home value, according to the Tax Foundation.
Nevada gas tax
Gasoline | $0.23 per gallon |
Diesel | $0.27 per gallon |
Source: Sales Tax Handbook
Nevada tobacco and alcohol taxes
Product | Tax Amount |
|---|---|
Cigarettes | $1.80 per pack |
Other Tobacco Products | 30% of the wholesale price |
Medical Marijuana | 6.85% |
Recreational Marijuana | 16.85% (sales tax + excise tax) |
Source: Sales Tax Handbook
Product | Tax Amount |
|---|---|
Beer | $0.16 per gallon |
Wine | $0.70 per gallon |
Liquor | $3.60 per gallon |
Source: Sales Tax Handbook
Nevada estate and inheritance taxes
Nevada doesn't have estate or inheritance tax.
Related Content
-
New Trump Gambling Losses Deduction Limit: Who Pays More Tax in 2026?Tax Changes A gambling loss tax deduction change in Trump’s “Big Beautiful Bill” is causing an uproar. Here’s what you need to know.
-
Could a Micro-Retirement Be the Refresh You Need?Don't wait until you turn 65: Why more people are taking "micro-retirements," or short, strategic breaks, years before they retire.
-
These Summer 2025 Back-to-School Tax-Free Weekends Are Starting NowSales Tax Over a dozen states offer back-to-school shoppers a sales tax holiday this summer.
-
Why Your Summer Budget Feels Tighter: Tariffs Push Up InflationTariffs Your summer holiday just got more expensive, and tariffs are partially to blame, economists say.
-
Alabama Tax-Free Weekend 2025Tax Holiday Here’s everything you need to know about the 2025 back-to-school Alabama sales tax holiday.
-
Parents Prepare: Trump's Megabill Brings Three Crucial Tax ChangesTax Changes Are you a parent? The so-called ‘One Big Beautiful Bill’ (OBBB) impacts several key tax incentives that can affect your family this year and beyond.
-
‘I Play Pickleball in Retirement.’ Is It HSA-Eligible?Retirement Tax Staying active after you retire may be easier with these HSA expenses. But there’s a big catch.
-
Mississippi Tax-Free Weekend 2025Tax Holiday Just in time for Prime Day, Mississippi celebrated a tax holiday in July. Find out what back-to-school essentials were included.
-
Amazon Prime Day Deals? Sales Tax and Tariffs Can Increase Your Total PriceSales Tax Amazon Prime Day 2025 can offer some opportunities to save, but this year, taxes and tariffs matter.
-
Ten Cheapest Places to Live in VirginiaProperty Taxes The Commonwealth of Virginia has some cheap places to live. Here are a few if you hate paying property taxes.
