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› Taxes by State

Nevada - State

Taxes in Nevada

From no income or inheritance taxes and low property taxes to higher sales taxes, Nevada’s tax structure strongly favors retirees despite higher consumption-based costs..

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Lauren Hamer
Sr. Editor

Lauren is a Certified Financial Education Instructor℠ (CFEI®) with more than a decade of experience covering senior-related issues, retirement planning, personal finance, and consumer protection. She is passionate about helping seniors and their families make informed decisions. Her work has been published on Credible, Angi, ConsumerAffairs, and more.
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Jeff Smith
Sr. Content Manager

As Retirement Living’s senior content manager, Jeff oversees the product and publishing of all retirement, investing, and consumer wellness content on the site. His extensive expertise in brand messaging and creating data-driven stories helps position Retirement Living as a top authority for senior content and community resources.

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At a glance:

  • Nevada has no state income tax, making it one of the most tax-friendly states for retirees, and most forms of retirement income are not taxed at the state level.
  • Property taxes are relatively low compared to national averages, though sales taxes are higher and apply broadly to most goods and services.
  • The state also does not impose inheritance or estate taxes, further enhancing its appeal for wealth transfer and retirement planning.

Nevada offers residents a mountain of tax savings, especially for retirees. There is no state income tax and property taxes are low, but sales taxes are a bit high. Below, we explain various Nevada state taxes affecting retirement income, such as sales tax, inheritance tax, and property taxes. We’ve also provided details about tax credits, exemptions, relief programs, and retirement-related tax breaks.

For information regarding taxes in other states, see Retirement Taxes by State.

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Nevada Tax Rates

State Sales Tax6.85%
Avg State/Local Sales Tax8.24%
Gas Tax$0.2381 per gallon
Diesel Tax$0.45 per gallon
Cigarette Tax$1.80 per pack
Income Tax0%
Effective Tax Rate0%
Property Tax0.44%
Social Security TaxNone
Medical/Dental DeductionFederal Amount
Federal Income Tax DeductionNone
Retirement TaxNone
State Taxes in Nevada

Nevada Tax Rates Explained

Nevada Sales Tax

6.85% state levy. Local sales tax may increase that amount by up to 1.39%. Most goods and services are taxed in Nevada, except for prescription drugs.

Nevada Income Tax

Nevada has no state income tax.

Nevada Property Taxes

Nevada’s effective property tax rate is 0.44%, or $1,938 on a $440,458 home, which is the median home value in the state. Veterans and their surviving spouses, blind persons and taxpayers with disabilities are eligible for property tax breaks. There are no property tax breaks for seniors. See Nevada Property Tax: Elements and Applications for up-to-date information.

Nevada Retirement Taxes

Nevada does not tax retirement income, which means retirees can keep more of their paycheck.

Nevada Inheritance and Estate Taxes

There is no inheritance tax and no estate tax in Nevada.

For further information, visit the Nevada Department of Taxation site.