Virginia Capital Gains Tax Calculator
Virginia taxes capital gains as ordinary income. Combined top rate: 29.6%.
Step 1: Your income before the capital gain
Your existing taxable income determines which federal capital gains bracket applies (0%, 15%, or 20%).
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Don't know your taxable income? Calculate it from gross income
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Standard deduction (single): $16,100
Or use the Virginia Income Tax Calculator for a detailed breakdown.
⚠️ This calculator provides estimates for educational purposes only. It is not financial, tax, or legal advice. Your actual results may vary.
Frequently Asked Questions
Does Virginia distinguish between short-term and long-term gains?
No. At the state level, Virginia taxes both short-term and long-term capital gains as ordinary income. The federal preferential rates (0%/15%/20%) still apply to long-term gains for the federal portion.
How does Virginia tax capital gains?
Virginia taxes capital gains as ordinary income using progressive brackets. The top marginal rate is 5.8%, but your effective rate depends on your total taxable income.
What is the combined capital gains tax rate in Virginia?
The maximum combined rate is 29.6% (federal 20% + NIIT 3.8% + state 5.8%). Most filers pay less because of progressive brackets and the federal 0%/15% rates.
Related Resources
Virginia Capital Gains Tax Information
Official Virginia tax information relevant to capital gains, including rates, forms, and filing resources.
Virginia Income Tax Calculator
Calculate your Virginia state and federal income tax
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