Capital Gains Tax by State

See your total tax bill including federal + state rates.

Determines your tax bracket

Total Tax

$0

0% effective

Federal Tax

$0

0% rate

State Tax

$0

0% rate

You Keep After Tax

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All 50 States Comparison

Total tax (federal + state) on your $100,000 gain

State State Rate Total Tax You Keep

Understanding Capital Gains Tax by State (2026)

Capital gains taxes vary dramatically by state. Nine states have no income tax at all, while California taxes capital gains at up to 13.3%. Understanding these differences can save you thousands when selling investments, property, or a business.

Federal Capital Gains Tax Rates (2026)

  • Long-term (held > 1 year): 0%, 15%, or 20% depending on income
  • Short-term (held < 1 year): Taxed as ordinary income (10%-37%)
  • NIIT surcharge: Additional 3.8% on investment income for high earners (AGI > $200K single / $250K married)

States with No Capital Gains Tax

Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming have no state income tax on capital gains.

Highest Capital Gains Tax States

California (13.3%), Hawaii (11%), New Jersey (10.75%), Oregon (9.9%), and Minnesota (9.85%) have the highest top marginal rates on capital gains.