{"id":82025,"date":"2025-12-13T10:06:29","date_gmt":"2025-12-13T10:06:29","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/82025\/"},"modified":"2025-12-13T10:06:29","modified_gmt":"2025-12-13T10:06:29","slug":"tax-cuts-are-headed-to-florida-heres-what-to-expect","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/82025\/","title":{"rendered":"Tax cuts are headed to Florida. Here\u2019s what to expect"},"content":{"rendered":"

With the One Big Beautiful Bill Act<\/a> (OBBBA) being signed into law last month, Florida is slated to see plenty of individual and business tax cuts.<\/p>\n

That\u2019s according to The Tax Foundation<\/a>, which put together a study this month detailing what Florida residents can expect during the upcoming 2026 tax season.<\/p>\n

The study predicts that the OBBBA will bring down federal taxes on average for individual taxpayers in every state, largely thanks to features like new deductions for tipped\/overtime income, as well as an expanded child tax credit and standard deduction.<\/p>\n

\u201cSpecific tax changes also exhibit geographic variation,\u201d the study reads. \u201cFor example, the $40,000 cap on state and local tax (SALT) deductions ($10,000 cap post-2029) will tend to have the greatest impact on taxpayers in higher-tax localities on the coasts of the U.S.\u201d<\/p>\n

Overall, the average tax cut statewide in 2026 is estimated to be around $5,000, researchers posited.<\/p>\n

[BELOW: Florida homeowners fight rising lot rents as park owners avoid mediation]<\/p>\n

That figure is set to fall to roughly $3,200 by 2030 as certain individual changes like deductions for tips and overtime expire, though it\u2019s set to rise back up to around $4,000 by 2035 as inflation bloats the nominal value<\/a> of the permanent tax cuts.<\/p>\n

However, the average tax cuts for 2026 will vary by county, The Tax Foundation notes. The breakdown of those estimates is as follows:<\/p>\n

RankCountyAverage Tax Cut (2026)Standard Deduction Expansion1Collier$14,315-$7952Monroe$13,363-$7673Palm Beach$12,031-$7864Martin$11,106-$8315Walton$9,580-$8416Indian River$8,701-$8767Sarasota$7,492-$8368St. Johns$6,895-$8679Miami-Dade$5,872-$78010Nassau$5,527-$90411Lee$5,212-$82812Manatee$4,975-$86313Pinellas$4,766-$83014Broward$4,441-$78615Sumter$4,059-$98116Flagler$4,044-$91617Okaloosa$3,968-$89318Hillsborough$3,896-$83319Seminole$3,715-$85320Orange$3,648-$82121Santa Rosa$3,627-$93122Brevard$3,549-$88723Charlotte$3,538-$85624Franklin$3,473-$90325Alachua$3,417-$84626Duval$3,393-$84526Gulf$3,393-$89528Bay$3,206-$88129Marion$3,196-$91730Leon$3,079-$82031Volusia$3,065-$87032Citrus$3,009-$94333Lake$2,989-$90934Clay$2,916-$91635Escambia$2,895-$87336Pasco$2,749-$89237Okeechobee$2,705-$90538St. Lucie$2,545-$87339Jefferson$2,540-$90640Polk$2,501-$88541Wakulla$2,426-$93142Baker$2,425-$93443Hernando$2,415-$92144Highlands$2,407-$91945Gilchrist$2,312-$94346Levy$2,277-$91947Bradford$2,233-$92248Suwannee$2,176-$92349Madison$2,173-$89950Lafayette$2,169-$93351Calhoun$2,144-$93052Hardee$2,097-$90653Putnam$2,095-$91954Taylor$2,091-$92755Columbia$2,077-$91356Union$2,070-$90157Holmes$2,054-$94658Glades$2,048-$87859Washington$2,013-$93360DeSoto$2,007-$85061Jackson$1,991-$90062Hamilton$1,986-$90263Liberty$1,937-$92464Dixie$1,896-$93565Hendry$1,774-$85966Osceola$1,734-$85367Gadsden$1,714-$852<\/p>\n

Copyright 2025 by WKMG ClickOrlando – All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"With the One Big Beautiful Bill Act (OBBBA) being signed into law last month, Florida is slated to…\n","protected":false},"author":2,"featured_media":32563,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[315,4717,28,30,29,785,2174,3833,2159,1335,1976,1911,1014,3315,8527,2261],"class_list":{"0":"post-82025","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-florida","8":"tag-brevard-county","9":"tag-flagler-county","10":"tag-florida","11":"tag-florida-headlines","12":"tag-florida-news","13":"tag-florida-ranked","14":"tag-lake-county","15":"tag-marion-county","16":"tag-money","17":"tag-orange-county","18":"tag-osceola-county","19":"tag-polk-county","20":"tag-seminole-county","21":"tag-sumter-county","22":"tag-taxes","23":"tag-volusia-county"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/82025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=82025"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/82025\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/32563"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=82025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=82025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=82025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}