Wyoming Tax Calculator 2026

Wyoming has no state income tax. Use this calculator to estimate your federal income tax and FICA contributions for 2026.

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Calculate Your Wyoming Taxes

No State Income Tax in Wyoming

Wyoming has no state income tax, no corporate income tax, and no gross receipts tax. The state is funded primarily through mineral extraction taxes and a 4% state sales tax. Wyoming is consistently ranked as one of the most tax-friendly states in America.

Wyoming has no income tax, no corporate tax, and no estate tax. It is a popular state for LLC formation due to strong privacy protections and low taxes. The annual report for LLCs is based on assets located in Wyoming.

Because Wyoming has no state income tax, residents only pay federal income tax and FICA payroll taxes. This can result in significant savings compared to states with income tax rates of 5% or higher. The calculator above shows your total tax burden as a Wyoming resident.

Sales Tax: 4.0%. Local jurisdictions may add additional sales tax.

2026 Federal Income Tax Brackets

Even without a state income tax, Wyoming residents still pay federal income tax. Here are the 2026 brackets for single filers:

RateSingle Filer Income Range
10%$0 – $11,925
12%$11,925 – $48,475
22%$48,475 – $103,350
24%$103,350 – $197,300
32%$197,300 – $250,525
35%$250,525 – $626,350
37%Above $626,350

Standard deduction: $15,000 (single), $30,000 (married filing jointly).

Source: IRS Revenue Procedure for tax year 2025.

FICA Taxes: Social Security & Medicare

TaxRateWage Base
Social Security6.2%First $168,600
Medicare1.45%All wages
Additional Medicare0.9%Wages above $200,000

Wyoming Minimum Wage & Cost of Living (2026)

The minimum wage in Wyoming for 2026 is $7.25/hour, which follows the federal minimum. Federal rate applies Full-time annual equivalent: approximately $15,080/year.

The median household income is approximately $72,000. With no state income tax, Wyoming residents keep more of their earnings compared to residents of income-tax states at the same salary level.

Forming an LLC in Wyoming

ItemCostFrequency
Articles of Organization Filing$100One-time
Annual report$60Yearly
Registered Agent$0 – $150/yrYearly

Source: Wyoming Secretary of State.

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Frequently Asked Questions

No. Wyoming has no state income tax, no corporate income tax, and no gross receipts tax. The state is funded primarily through mineral extraction taxes and a 4% state sales tax. Wyoming is consistently ranked as one of the most tax-friendly states in America.

Wyoming residents pay federal income tax, FICA taxes (Social Security and Medicare), and state sales tax of 4.0%. Property taxes also apply.

The minimum wage in Wyoming for 2026 is $7.25 per hour. Federal rate applies

Filing an LLC in Wyoming costs $100 for the Articles of Organization. Annual report: $60.

With no state income tax, Wyoming is popular among retirees looking to minimize their tax burden. Combined with moderate sales tax, it offers a favorable overall tax environment.