Flat-Fee Tax Preparation for Alaska Residents
Brisq Tax & Advisory provides fully remote, flat-fee tax preparation for individuals, real estate investors, and small business owners across Alaska. As an Enrolled Agent licensed to practice before the IRS, we bring the same level of expertise to your Alaska return that you'd expect from a local firm — without the hourly billing.
Alaska has no state income tax. Residents still file a federal return, and may have other state filing obligations depending on their situation.
Alaska-Specific Tax Issues
Alaska has no state income tax and no state sales tax — one of the most favorable state tax environments in the US
The Alaska Permanent Fund Dividend (PFD) is paid annually to qualifying AK residents and is taxable as ordinary income on the federal return
Alaska municipalities may impose local sales taxes — rates vary significantly by borough and city
AK businesses may owe a corporate income tax if structured as a C-corporation with AK-source income
Oil and gas income is significant in Alaska and subject to specialized federal depletion and IDC (intangible drilling cost) rules
Federal self-employment tax applies in full to AK self-employed individuals — without state income tax, SE tax is often the largest tax burden
Alaska real estate gains are subject only to federal capital gains tax — no state layer
AK has no estate or inheritance tax, making it very favorable for wealth transfer
Alaska Real Estate Tax
Alaska's real estate market is concentrated in Anchorage, Fairbanks, and Juneau. With no state income tax, real estate investors owe only federal taxes on rental income and gains. The unique geography creates specialized investment considerations, and short-term rentals in tourist areas generate taxable income subject only to federal tax and applicable local sales taxes.
Alaska Business Tax
Alaska's lack of state income tax and sales tax makes it one of the lowest-tax business environments in the US. Federal tax optimization — retirement contributions, entity structure, depreciation elections — is the primary focus for AK business owners. The Alaska PFD adds a recurring taxable income item that must be reported on federal returns each year.
Flat-fee, fully remote — built for Alaska taxpayers
Common Alaska Tax Questions
Do I need to file an Alaska state tax return?
No. Alaska does not impose a personal income tax, so there is no Alaska individual income tax return. However, you still file a federal return. If you are an AK resident who received an Alaska Permanent Fund Dividend, that amount is taxable income on your federal return and must be reported on Schedule 1.
Is the Alaska Permanent Fund Dividend taxable?
Yes. The Alaska Permanent Fund Dividend (PFD) is fully taxable as ordinary income on your federal return. The AK Permanent Fund mails a 1099-MISC for the PFD amount each year. The dividend is not taxable at the state level since AK has no income tax, but federal tax applies in full.
What makes Alaska taxes unique?
Alaska is one of only seven states with no personal income tax, and one of only five with no state sales tax either. The primary state-level tax consideration for most AK residents is the corporate income tax for C-corps, and for AK businesses, local municipal sales taxes. The annual Permanent Fund Dividend creates a recurring federal taxable income item unique to AK residents.
How is oil and gas income taxed for Alaska residents?
Oil and gas royalty income and working interest income received by AK residents is taxable on the federal return. AK imposes a state oil and gas production tax (separate from personal income tax) on extraction activities. Individual royalty recipients report this income on Schedule E and may be eligible for the federal percentage depletion deduction, which can offset a portion of the royalty income.
We also serve taxpayers in nearby states:
Ready to get your Alaska taxes done right?
Flat-fee pricing, same-day response, fully remote. Start with a free 15-minute consultation.