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Tips & tools
A tax tip a day plus an array of tax tools, terms and training will help you through filing and beyond. |
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South Dakota
South Dakota is one of only seven states that does not tax individual wage income. More on South Dakota taxes can be found in the tabbed pages below.
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Income |
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Sales |
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Property |
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Estate |
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Other |
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| Personal income tax |
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There is no personal income tax
levied in South Dakota. |
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| Sales tax |
| The state sales tax in South Dakota
is 4 percent. |
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There may be additional municipal
sales and use taxes. You can look up specific sales tax rates for specific addresses at this Web page. |
| | Eligible taxpayers can apply online for a refund
of sales tax payments on food. |
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| Personal and real property taxes |
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Personal and property
taxes are local taxes and are the primary source of dollars
for school systems, counties, municipalities and other local
government units. Their administration is a local responsibility.
The state revenue department does not collect or use property
taxes, but it does centrally assess the property of large companies. |
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Property
owners in South Dakota may
be taxed by two or more of
the following units of government:
cities, counties, townships,
school districts, water districts
and, in some cases, units
such as fire and sanitary
sewer districts. |
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Assessors determine the market value
of property. Since 1997, all taxing districts (except school
districts) have been capped as to what they can ask from the
tax rolls. The cap equals what was payable the previous year
plus a percentage increase due to growth or new construction,
and the percentage increase in the Consumer Price Index up to but not exceeding 3 percent. |
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The state offers a number of property
tax relief programs that are designed to offer financial
assistance to the elderly and disabled. |
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Taxpayers may appeal property tax issues directly to the County Board of Equalization. |
| Inheritance and estate taxes |
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South Dakota voters repealed the
state's inheritance tax effective June 30, 2001. |
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Because
of the phaseout of the federal
estate tax credit, South Dakota's
estate tax is not imposed
on estates of persons who
died in 2005. |
| Other South Dakota tax facts |
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South Dakota does not assess tax
on intangible personal property. |
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| For more information, contact the
South Dakota Department of Revenue at (800) 829-9188 or at its Web
site. |
| To download
tax forms on this site, you will need to install a
free copy
of Adobe Acrobat Reader. Click here for instructions. |
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