Trying to calculate your capital gains rate? Did you know that many, but not all, states impose state-level capital gains in addition to federal capital gains taxes? To make matters more complicated, not every state uses the same methodology.
Click or touch a state name for more information
| Rank | State | Rates 2022 | Rates 2021 |
|---|---|---|---|
| 1 | California | 13.30% | 13.30% |
| 2 | New Jersey * | 10.75% | 10.75% |
| 2 | Washington D.C. | 10.75% | 8.95% |
| 4 | Oregon * | 9.90% | 9.90% |
| 5 | Minnesota | 9.85% | 9.85% |
| 6 | New York * | 8.82% | 8.82% |
| 7 | Vermont | 8.75% | 8.75% |
| 8 | Iowa * | 8.53% | 8.53% |
| 9 | Wisconsin * | 7.65% | 7.65% |
| 10 | Hawaii * | 7.25% | 7.25% |
| 11 | Maine | 7.15% | 7.15% |
| 12 | South Carolina * | 7.00% | 7.00% |
| 12 | Washington † | 7.00% | 0.00% |
| 14 | Connecticut | 6.99% | 6.99% |
| 15 | Idaho | 6.93% | 6.93% |
| 16 | Montana * | 6.90% | 6.90% |
| 17 | Nebraska | 6.84% | 6.84% |
| 18 | Delaware * | 6.60% | 6.60% |
| 19 | West Virginia | 6.50% | 6.50% |
| 20 | Rhode Island | 5.99% | 5.99% |
| 21 | New Mexico * | 5.90% | 5.90% |
| 22 | Georgia | 5.75% | 5.75% |
| 22 | Maryland * | 5.75% | 5.75% |
| 22 | Virginia | 5.75% | 5.75% |
| 25 | Kansas | 5.70% | 5.70% |
| 26 | Arkansas * | 5.50% | 5.90% |
| 27 | Missouri * | 5.40% | 5.40% |
| 28 | Alabama * | 5.00% | 5.00% |
| 28 | Kentucky * | 5.00% | 5.00% |
| 28 | Massachusetts | 5.00% | 5.00% |
| 28 | Mississippi | 5.00% | 5.00% |
| 32 | North Carolina | 4.99% | 5.25% |
| 33 | Illinois | 4.95% | 4.95% |
| 33 | Utah | 4.95% | 4.95% |
| 35 | Ohio * | 4.80% | 4.80% |
| 36 | Oklahoma | 4.75% | 5.00% |
| 37 | Colorado | 4.55% | 4.55% |
| 38 | Arizona | 4.50% | 4.50% |
| 39 | Louisiana | 4.25% | 6.00% |
| 39 | Michigan * | 4.25% | 4.25% |
| 41 | Indiana * | 3.23% | 3.23% |
| 42 | Pennsylvania * | 3.07% | 3.07% |
| 43 | North Dakota * | 2.90% | 2.90% |
| 44 | Alaska | 0.00% | 0.00% |
| 44 | Florida | 0.00% | 0.00% |
| 44 | Nevada | 0.00% | 0.00% |
| 44 | New Hampshire | 0.00% | 0.00% |
| 44 | South Dakota | 0.00% | 0.00% |
| 44 | Tennessee | 0.00% | 0.00% |
| 44 | Texas | 0.00% | 0.00% |
| 44 | Wyoming | 0.00% | 0.00% |
Real estate, retirement savings accounts, livestock, and timber are exempt for capital gain taxation in the state of Washington.
Need to figure out your Capital Gains Tax liability on a sale of an asset? The Capital Gains Tax Calculator is designed to provide you an estimate on the cap gains tax owed after selling an asset or property.
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