Capital Gains Tax Calculator by State
Calculate your combined federal and state capital gains tax for 2025. Select your state to see your total tax on investment gains.
0–20%
Federal LTCG Rate
3.8%
NIIT Surtax
9
No-Tax States
23.8–37.1%
Combined Range
All 50 States
Alabama
28.8% combined
Alaska
23.8% combined
Arizona
26.3% combined
Arkansas
27.5% combined
California
37.1% combined
Colorado
28.2% combined
Connecticut
30.8% combined
Delaware
30.4% combined
Florida
23.8% combined
Georgia
28.8% combined
Hawaii
31.1% combined
Idaho
29.1% combined
Illinois
28.8% combined
Indiana
26.8% combined
Iowa
27.6% combined
Kansas
29.4% combined
Kentucky
27.3% combined
Louisiana
26.8% combined
Maine
33.0% combined
Maryland
30.3% combined
Massachusetts
32.8% combined
Michigan
28.1% combined
Minnesota
33.7% combined
Mississippi
27.8% combined
Missouri
23.8% combined
Montana
27.9% combined
Nebraska
28.4% combined
Nevada
23.8% combined
New Hampshire
23.8% combined
New Jersey
34.6% combined
New Mexico
29.7% combined
New York
34.7% combined
North Carolina
27.8% combined
North Dakota
25.3% combined
Ohio
26.6% combined
Oklahoma
28.3% combined
Oregon
33.7% combined
Pennsylvania
26.9% combined
Rhode Island
29.8% combined
South Carolina
26.7% combined
South Dakota
23.8% combined
Tennessee
23.8% combined
Texas
23.8% combined
Utah
28.3% combined
Vermont
32.6% combined
Virginia
29.6% combined
Washington
33.7% combined
West Virginia
28.4% combined
Wisconsin
31.5% combined
Wyoming
23.8% combined
Preferential Rate (3)
Excise Tax (1)
Taxed as Income (37)
- Alabama (5.0%)
- Arizona (2.5%)
- Arkansas (3.7%)
- California (13.3%)
- Colorado (4.4%)
- Connecticut (7.0%)
- Delaware (6.6%)
- Georgia (5.0%)
- Idaho (5.3%)
- Illinois (5.0%)
- Indiana (2.9%)
- Iowa (3.8%)
- Kansas (5.6%)
- Kentucky (3.5%)
- Louisiana (3.0%)
- Maine (9.2%)
- Maryland (6.5%)
- Massachusetts (9.0%)
- Michigan (4.3%)
- Minnesota (9.8%)
- Mississippi (4.0%)
- Nebraska (4.5%)
- New Jersey (10.8%)
- New Mexico (5.9%)
- New York (10.9%)
- North Carolina (4.0%)
- Ohio (2.8%)
- Oklahoma (4.5%)
- Oregon (9.9%)
- Pennsylvania (3.1%)
- Rhode Island (6.0%)
- South Carolina (5.2%)
- Utah (4.5%)
- Vermont (8.8%)
- Virginia (5.8%)
- West Virginia (4.6%)
- Wisconsin (7.6%)
How Capital Gains Tax Works
Capital gains tax applies to the profit from selling a capital asset — stocks, bonds, real estate, cryptocurrency, or collectibles — for more than you paid. The tax rate depends on how long you held the asset and your income level.
Long-Term vs Short-Term
Long-term gains (assets held more than 1 year) are taxed at preferential federal rates of 0%, 15%, or 20%. Short-term gains (1 year or less) are taxed as ordinary income at rates up to 37%.
2025 Federal Long-Term Capital Gains Brackets
The federal rate on your long-term gain depends on your total taxable income (your regular income plus the gain). The tax is only charged on the gain itself, but your total income determines which rate applies.
| Rate | Single | Married Filing Jointly | Head of Household |
|---|---|---|---|
| 0% | Up to $48,350 | Up to $96,700 | Up to $64,750 |
| 15% | $48,351 – $533,400 | $96,701 – $600,050 | $64,751 – $566,700 |
| 20% | Over $533,400 | Over $600,050 | Over $566,700 |
Source: IRS Revenue Procedure 2024-40. These thresholds are based on total taxable income (regular income + capital gains combined).
Net Investment Income Tax (NIIT)
High earners may owe an additional 3.8% federal surtax on investment income. It applies when your MAGI (Modified Adjusted Gross Income — for most people, this equals your adjusted gross income) exceeds $200,000 (single) or $250,000 (married filing jointly). These thresholds are set by law and are not adjusted for inflation.
State Capital Gains Tax
Most states tax capital gains as ordinary income using their state income tax brackets. Nine states have no state capital gains tax. A few states offer preferential rates or deductions for certain types of gains.
This calculator provides estimates for educational purposes only. It is not financial, tax, or legal advice. Your actual results may vary.