2026 tax year · Federal + 50 states + DC
Capital Gains Tax Calculator by State
Calculate an individual sale’s federal tax change, then resolve the state component using the state’s actual rules. Choose your state for its eligibility checks and calculation options.
First published · Updated SourcesEditorial policy
Work out the tax on one sale
Sale desk
The state and District directory explains how the no-income-tax, flat-rate, Washington excise and specialized resident modes differ before you choose.
What this worksheet calculates
The federal estimate compares ordinary or preferential income tax and net investment income tax before and after an ordinary capital-asset sale. It uses 2026 thresholds for single, joint, head-of-household and separate filers. Other ordinary taxable income and other preferential gains are held fixed. Enter approved federal exclusions and offsets rather than assuming eligibility.
State rules can modify the income base, tax category, eligible asset or source allocation. Eight confirmed resident individual modes show no state income tax. Washington has an annual taxable-gain excise comparison. Selected verified flat-rate states provide a prepared taxable-base comparison before credits. Every state also accepts final prepared liability comparisons; blank state inputs leave the combined estimate unresolved.
The tool does not calculate a complete federal or state return, credits, alternative minimum tax, depreciation recapture, collectibles, special stock, changing deductions or installment-sale timing. A sale loss is shown without estimating a refund or carryover deduction.
From sale price to taxable gain
Gain is what the sale realized minus adjusted basis and approved selling costs, not the cash that reaches your bank account. An ordinary investment sold for $150,000 with a $50,000 adjusted basis and no selling costs produces a $100,000 gain. A loan paid off at closing shrinks the cash you receive but does not shrink the gain. Purchase confirmations, settlement statements, documented improvements and earlier basis adjustments establish what you invested for tax purposes. The holding period sets the category: an asset held more than one year is long-term, one year or less is short-term (IRS Topic 409).
The opening example, line by line
The worksheet opens on a single filer with $100,000 of ordinary taxable income and a $100,000 long-term gain, no other preferential income, and MAGI rising from $100,000 to $200,000. Ordinary income already fills the 0% band, which ends at $49,450 of taxable income for single filers in 2026, so the whole gain sits in the 15% band that runs to $545,500 (Rev. Proc. 2025-32 §4.03): 15% × $100,000 = $15,000 of federal tax. NIIT stays at $0 because MAGI after the sale reaches, but does not exceed, the $200,000 single threshold. Change any annual figure and re-enter the others yourself; the worksheet cannot infer the rest of a return. The combined amount appears only once the state line is resolved.
Each state’s rule in one line
- Alabama capital gains tax: Estimate Alabama resident capital-gain tax using its 2%, 4% and 5% bands, approved state taxable bases and complete usable credits.
- Alaska capital gains tax: Alaska has no state individual income tax. Federal capital-gains tax and NIIT can still apply.
- Arizona capital gains tax: Compare Arizona’s 2026 2.5% resident estimate after approved state adjustments, including any eligible 25% long-term-gain subtraction.
- Arkansas capital gains tax: Estimate Arkansas’s revised 2026 resident bands, transition table and approved credits; prepare actual gain exclusions first.
- California capital gains tax: Estimate 2026 California capital gains with indexed resident brackets, approved credits and the separate 1% tax above $1 million.
- Colorado capital gains tax: Estimate Colorado’s 2026 4.4% resident tax with approved taxable bases, AMT, credit recapture and usable credits.
- Connecticut capital gains tax: Compare Connecticut 2026 resident tax with its personal exemption, add-back, recapture and percentage credit.
- Delaware capital gains tax: Compare Delaware’s resident capital-gain income through its progressive bands, approved exclusions and usable nonrefundable credits.
- District of Columbia capital gains tax: DC resident capital gains enter a seven-band income-tax schedule, from 4% to 10.75%. Compare approved annual taxable income and usable credits.
- Florida capital gains tax: Florida does not impose personal income tax. A Florida individual can still owe federal tax on a gain.
- Georgia capital gains tax: Georgia’s enacted 2026 individual income-tax rate is 4.99%, according to the department’s September 2026 update.
- Hawaii capital gains tax: Calculate Hawaii’s 2026 capital-gain tax change using the official table, corrected gain floors and ordinary-tax comparison. State basis and netting are prepared.
- Idaho capital gains tax: Calculate Idaho’s 5.3% resident estimate using an independently approved 2026 indexed floor and complete credits.
- Illinois capital gains tax: Illinois imposes 4.95% on individual net income, with its own adjustments to federal AGI.
- Indiana capital gains tax: Calculate Indiana’s 2026 2.95% state resident estimate using approved taxable bases and credits. County tax is separate.
- Iowa capital gains tax: Iowa’s 2026 code sets a 3.8% individual rate. Capital-gain deductions depend on eligible transactions.
- Kansas capital gains tax: Estimate Kansas 2026 resident capital-gain income through its 5.2% and 5.58% bands with approved bases and complete credits.
- Kentucky capital gains tax: Kentucky’s individual income-tax rate falls to 3.5% for tax years beginning in 2026.
- Louisiana capital gains tax: Louisiana uses a 3% individual rate for 2025 and later. Nonresident calculations still require Louisiana-source allocation.
- Maine capital gains tax: Estimate Maine 2026 resident tax including the enacted 2% high-income surcharge, recapture and usable credits.
- Maryland capital gains tax: Compare Maryland 2026 state bands and the 2% covered capital-gain surtax using approved annual amounts.
- Massachusetts capital gains tax: Massachusetts taxes ordinary long-term gains at 5%, short-term gains at 8.5%, plus a 4% surtax above $1,107,750 in 2026.
- Michigan capital gains tax: Compare Michigan’s verified 2026 4.25% resident estimate using approved state taxable balances and usable credits.
- Minnesota capital gains tax: Calculate Minnesota’s 2026 resident bands and 1% annual investment-income tax with approved credit allocations.
- Mississippi capital gains tax: Compare Mississippi’s 2026 4% tax above $10,000, preserving signed spouse balances and approved credits.
- Missouri capital gains tax: Compare Missouri’s 2026 resident spouse schedules after preparing the eligible annual net-capital-gain subtraction.
- Montana capital gains tax: Estimate Montana 2026 ordinary tax and stacked long-term rates using approved annual categories and credits.
- Nebraska capital gains tax: Estimate Nebraska’s published 2026 resident bands, including the 4.55% top rate, from approved taxable bases and usable credits.
- Nevada capital gains tax: Nevada’s constitution prohibits an individual personal income tax. Federal gain calculations remain separate.
- New Hampshire capital gains tax: New Hampshire repealed its interest-and-dividends tax for periods beginning January 1, 2025 and later.
- New Jersey capital gains tax: Compare New Jersey resident capital-gain tax using its gross-income no-tax thresholds, approved taxable balances and usable credits.
- New Mexico capital gains tax: Calculate New Mexico resident tax after approved state adjustments and eligible capital-gain deductions under the current six-band schedule.
- New York capital gains tax: Estimate 2026 New York resident capital gains tax with progressive brackets and benefit recapture, plus federal tax and NIIT.
- North Carolina capital gains tax: North Carolina’s 2026 individual rate is 3.99%. Future rate reductions have statutory revenue conditions.
- North Dakota capital gains tax: Estimate North Dakota’s 2026 resident bands after approved gain deductions, including eligible 40% net-long-term subtraction.
- Ohio capital gains tax: Estimate Ohio’s 2026 sale tax with separate nonbusiness and business bases, approved annual credits, federal capital-gain tax and NIIT.
- Oklahoma capital gains tax: Calculate Oklahoma’s new 2026 resident bands after approved gain deductions and usable credits, with a 4.5% top rate.
- Oregon capital gains tax: Estimate Oregon’s published 2026 resident tax change across four bands, approved 5% farm gains and usable credits. Federal gains and NIIT stay separate.
- Pennsylvania capital gains tax: Pennsylvania’s personal income-tax rate is 3.07%; the state’s gain category and basis need their own reconciliation.
- Rhode Island capital gains tax: Estimate Rhode Island’s actual 2026 resident schedule using approved annual capital-gain income and usable credits; future rules are separate.
- South Carolina capital gains tax: Estimate South Carolina’s new 2026 rates after approved SCIAD and eligible net-long-term-gain deductions.
- South Dakota capital gains tax: South Dakota’s Department of Revenue confirms there is no individual income tax. Federal capital-gain tax still applies.
- Tennessee capital gains tax: Tennessee repealed the Hall income tax for periods beginning in 2021 and later. Federal tax remains payable on taxable gains.
- Texas capital gains tax: Texas’s constitution prohibits an individual net-income tax. Federal tax and another state’s sourced-income tax can remain.
- Utah capital gains tax: Utah’s enacted 2026 rate is 4.45%, retroactive to January 1, 2026. Prepared state taxable income determines the base.
- Vermont capital gains tax: Compare Vermont’s preliminary 2026 schedules and AGI minimum tax after approved capital-gain exclusions.
- Virginia capital gains tax: Estimate Virginia’s 2026 resident tax change using four brackets, the VAGI filing-threshold exemption and approved credits. Federal gains and NIIT are separate.
- Washington capital gains tax: Washington’s capital-gains excise tax has 7% and 9.9% tiers; real estate and specified assets are exempt.
- West Virginia capital gains tax: Compare West Virginia’s enacted 2026 resident bands and approved nonrefundable credits using independently prepared state taxable income.
- Wisconsin capital gains tax: Estimate Wisconsin 2026 tax using actual state status, approved capital deductions and complete usable credits.
- Wyoming capital gains tax: Wyoming’s legislative tax-structure report lists a zero individual income-tax rate. Federal gain tax remains separate.