Alaska

Alaska no longer has an estate tax; it ended Jan. 1, 2005 with the federal credit phase-out

“Alaska no longer has an estate tax. Alaska did have one until Jan. 1, 2005.”

Note: Page also states verbatim: 'The state estate tax was tied to the federal state death tax credit, and that credit was phased out in 2005.' Page does not cite AS 43.31.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska imposes no personal income tax: AS 43.20.012(a) excludes individuals from the Net Income Tax Act; capital gains are not taxed at the state level

“Sec. 43.20.012. Limitation on application of chapter; credits. (a) The tax imposed by this chapter does not apply to (1) an individual; (2) a fiduciary;”

Note: The prior cite (Alaska Dept. of Commerce 'Tax Facts' page) now returns 403; replaced with the statute. AS 43.20 is Alaska's Net Income Tax Act (corporate); §43.20.012(a) expressly carves individuals and fiduciaries out, so no Alaska personal income tax exists.

Alaska elective community property: AS §§34.77.010 to 34.77.995 allows married couples to elect CP treatment via agreement or trust

“This publication doesn't address the federal tax treatment of income or property subject to the 'community property' election under Alaska, Tennessee, and South Dakota state laws.”

Note: Alaska Stat. §34.77 (Uniform Disposition of Community Property Act) establishes elective community property for Alaska residents; IRS Publication 555 (Rev. December 2024) names Alaska as one of three states with an optional community property election. The statutory text was not directly accessed; confidence medium based on IRS Pub 555 acknowledgment. Married couples may opt into community property treatment via a community property agreement or a community property trust. Double step-up benefit (IRC §1014(b)(6)) is legally arguable but no IRS ruling has confirmed it for AK trusts.