Capital Gains Rates
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
Indiana has a flat state income tax rate of 3.3% (through 2016), regardless of income level. Beginning in 2017, the state income tax rate will be reduced to 3.23%. Note that individual counties may impose an additional income tax. $1,000 is a base exemption. If dependents meet certain conditions, filers can take an additional $1,500 exemption for each.
Investor's Guidebook to Fractional 1031 Replacement Properties