Nevada is a very tax-friendly state. In fact, you will be hard-pressed to find a better state to live in based on taxation.
Social Security income is not taxable. Social Security benefits, even those taxed at the federal level, are not taxed in Nevada.
Public Pension income is not taxed. Private Pension income is not taxed.
Withdrawals from retirement accounts are not taxed. Since Nevada does not have a state income tax, any income from a pension, from a 401(k), from an IRA or from any other retirement account is not taxable.
There is no inheritance tax in Nevada
Nevada Gasoline Tax is 33.52 cents per gallon
Diesel Fuel Tax is 28.56 cents per gallon
Las Vegas (Clark County) Sales Tax is 8.25%
Property Tax: Assessed value is equal to 35% of the taxable value
If you would like to speak to a CPA about how Nevada’s tax code applies
to you personally, please go to our Preferred Partners page and click on
CPA or click this link: Preferred Partners: CPA