Nevada Income Tax Calculator

Estimate your Nevada income tax burden

Updated for 2024 tax year on Jul 23, 2024

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How to calculate your Nevada income taxes

Understanding your Nevada income taxes

Nevada is renowned for its absence of state income tax, making it one of only nine states that do not impose this tax. This is highly appealing to high-income earners and retirees alike.

The state’s payroll tax, officially known as the Modified Business Tax (MBT), stands at 1.475% on wages paid above $50,000 per quarter. While there is no direct tax on employees’ paychecks, businesses bear this cost.

Nevada’s lack of income tax means that there are no state-level standard deductions or personal exemptions.

Calculate your income tax in Nevada

1. Work out your total federal income tax
   1. Gross income adjusted
      Gross income − Pre-tax deductions = Gross income adjusted
   2. Federal taxable income
      Gross income adjusted − Federal standard/itemized deductions = Federal taxable income
   3. Federal income tax liability
      Federal taxable income × Federal income tax rate = Federal income tax liability
   4. Federal payroll tax liability
      Gross income × Federal payroll tax rate = Federal payroll tax liability
2. Add up all the taxes
   Federal income tax liability + Federal payroll tax liability = Your total income tax liability

FAQs

How to calculate income tax in Nevada?

Follow the steps below to calculate your total income tax in Nevada:

1. Work out your total federal income tax
2. Sum up all the taxes

How much income tax do I pay in Nevada?

You don't have to pay anything. Nevada does not impose a state income tax on residents.