State-Specific SCHD Dividend Calculators

Calculate your after-tax SCHD dividend returns for all 50 US states. See exactly how much dividend income you'll keep after state and federal taxes.

States Covered

No-Tax States

0-13.3%

Tax Range

How State Taxes Impact Your SCHD Dividends

No State Tax

$332/year

TX, FL, WA, NV, WY, SD, AK, TN, NH

Keep 100% after federal tax

Low Tax States

3-5%

$315-$320/year

AZ, CO, IL, IN, MI, ND, PA, etc.

~$12-$17 less per year

High Tax States

10-13.3%

$280-$293/year

CA, NY, NJ, OR, MN, etc.

~$39-$52 less per year

Select Your State

Click on your state to calculate SCHD dividend returns with state-specific tax rates:

💸 California (13.3%)

Highest state dividend tax — full after-tax breakdown, brackets, and Roth/IRA strategy.

🗽 New York (10.9%)

High-tax state — see how much New York takes from your SCHD dividends each year.

⭐ Texas (0%)

No state income tax — keep 100% of your SCHD dividends at the state level.

🏖️ Florida (0%)

No state income tax — a top relocation destination for dividend investors.

🏛️ New Jersey (10.75%)

High-tax Northeast state — full after-tax SCHD breakdown and bracket detail.

🌆 Illinois (4.95%)

Flat-tax state — see exactly what Illinois's single rate costs your dividends.

🍁 Vermont (8.75%)

High-tax New England state — after-tax projections and tax-saving strategy.

SCHD Dividends and Your State Taxes

SCHD's qualified dividends are taxed at favorable federal rates, but what you actually keep also depends on where you live. States with no income tax let you keep the full distribution, while high-tax states can take a meaningful slice of your dividend income each year.

Pick your state below to see how its tax treatment affects SCHD's after-tax yield and what that means for income planning.

How to use the state calculators

No-income-tax states

Florida, Texas, and six others impose no state income tax, so your SCHD dividends are only taxed federally — the simplest case for income planning.

Moderate-tax states

Most states tax dividends as ordinary income at rates from roughly 3% to 6%, modestly reducing your after-tax yield.

High-tax states

California, New York, and a few others can tax dividend income above 9%, which materially lowers what you keep and may favor tax-advantaged accounts.

Frequently Asked Questions

Are SCHD dividends taxed by my state?

In most states, yes — SCHD distributions are generally taxed as ordinary income at the state level even though they qualify for lower federal rates. Nine states levy no income tax at all.

Which states are best for dividend investors?

States with no income tax (such as Florida, Texas, Nevada, and Washington) let you keep the most SCHD income, all else equal. The calculator shows the after-tax difference for your specific state.

Does holding SCHD in an IRA change state tax?

Yes. Inside a traditional or Roth IRA, dividends are not taxed annually at the state or federal level, so the state comparison mainly matters for taxable brokerage accounts.

Are SCHD dividends qualified?

The large majority of SCHD's distributions are qualified dividends, which receive preferential federal tax treatment. State treatment varies and is what these pages help you estimate.