Does alaska have state income tax?

The State of Alaska currently does not have an individual income tax, therefore no employee withholding for state income tax is required. Note: For information on unemployment insurance tax (also called Employment Security Tax), or Workers' Compensation, contact the Alaska Department of Labor and Workforce Development at labor.alaska.gov. read more

Personal income tax. Alaska is the only state that does not collect state sales tax or levy an individual income tax on any type of personal income, either earned or unearned. Instead, every Alaskan, children as well as adults, receives a payment each year from the Alaska Permanent Fund Corporation. read more

Seven states have no state income tax at all: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. In addition, the states of New Hampshire and Tennessee tax only the interest and dividend income of their residents gained from financial investments. read more

Alaska is the only state that does not collect state sales tax or levy an individual income tax on any type of personal income, either earned or unearned. Instead, every Alaskan, children as well as adults, receives a payment each year from the Alaska Permanent Fund Corporation. read more