Capital Gains Tax by State

The capital gains tax is essentially a federal tax on the profits of corporations that do business within the United States. A capital gain is made when a capital asset is sold for higher than its original purchasing price. 

There are two types of capital gains taxes: short-term and long-term taxes. Short-term capital gains tax is taxed in a similar manner to ordinary income taxes, up to 37% of total profit in 2022 depending on what tax bracket you fall under. Long-term capital gains taxes on the other hand are derived from assets held for longer than one year before they are sold off. They are taxed on graduated thresholds of 0%, 15%, or 20% of total profit, generally being taxed at 15% and lower for most taxpayers who report long-term capital gains. Therefore, a seller is able to minimize their capital gains tax by holding onto their asset for a year or more before selling it. 

The federal government has also passed legislation on capital gains tax, the most recent being the Prohibiting Unrealised Capital Gains Tax, which bars federal officials from taxing capital gains that were not sold or otherwise disposed of. 

Check the data in the charts to see how capital gains taxes vary from state to state.

Capital Gains Tax Rate by State

Alabama

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CAPITAL GAINS TAX RATEhelp

5%

#23 in the US

CORPORATE TAX RATEhelp

6.5%

#18 in the US

PROPERTY TAX RATEhelp

0.37%

#1 in the US

GENERAL SALES TAX RATEhelp

4%

#8 in the US

Alaska

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CAPITAL GAINS TAX RATEhelp

0%

#1 in the US

CORPORATE TAX RATEhelp

9.4%

#40 in the US

PROPERTY TAX RATEhelp

0.98%

#2 in the US

GENERAL SALES TAX RATEhelp

0%

#1 in the US

Arizona

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CAPITAL GAINS TAX RATEhelp

4.5%

#13 in the US

CORPORATE TAX RATEhelp

4.9%

#2 in the US

PROPERTY TAX RATEhelp

0.6%

#3 in the US

GENERAL SALES TAX RATEhelp

5.6%

#18 in the US

Arkansas

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CAPITAL GAINS TAX RATEhelp

5.5%

#24 in the US

CORPORATE TAX RATEhelp

5.9%

#11 in the US

PROPERTY TAX RATEhelp

0.61%

#4 in the US

GENERAL SALES TAX RATEhelp

6.5%

#26 in the US

California

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CAPITAL GAINS TAX RATEhelp

13.3%

#52 in the US

CORPORATE TAX RATEhelp

8.84%

#33 in the US

PROPERTY TAX RATEhelp

0.7%

#5 in the US

GENERAL SALES TAX RATEhelp

7.25%

#48 in the US

Colorado

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CAPITAL GAINS TAX RATEhelp

4.55%

#14 in the US

CORPORATE TAX RATEhelp

4.55%

#3 in the US

PROPERTY TAX RATEhelp

0.52%

#6 in the US

GENERAL SALES TAX RATEhelp

2.9%

#7 in the US

Connecticut

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CAPITAL GAINS TAX RATEhelp

6.99%

#36 in the US

CORPORATE TAX RATEhelp

7.5%

#26 in the US

PROPERTY TAX RATEhelp

1.73%

#32 in the US

GENERAL SALES TAX RATEhelp

6.35%

#27 in the US

Delaware

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CAPITAL GAINS TAX RATEhelp

6.6%

#37 in the US

CORPORATE TAX RATEhelp

8.7%

#34 in the US

PROPERTY TAX RATEhelp

0.59%

#7 in the US

GENERAL SALES TAX RATEhelp

0%

#2 in the US

District of Columbia

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CAPITAL GAINS TAX RATEhelp

5.75%

#25 in the US

CORPORATE TAX RATEhelp

8.25%

#35 in the US

GENERAL SALES TAX RATEhelp

6%

#28 in the US

Florida

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CAPITAL GAINS TAX RATEhelp

0%

#2 in the US

CORPORATE TAX RATEhelp

5.5%

#12 in the US

PROPERTY TAX RATEhelp

0.86%

#8 in the US

GENERAL SALES TAX RATEhelp

6%

#29 in the US

Georgia

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CAPITAL GAINS TAX RATEhelp

5.75%

#26 in the US

CORPORATE TAX RATEhelp

5.75%

#13 in the US

PROPERTY TAX RATEhelp

0.87%

#9 in the US

GENERAL SALES TAX RATEhelp

4%

#9 in the US

Hawaii

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CAPITAL GAINS TAX RATEhelp

7.25%

#41 in the US

CORPORATE TAX RATEhelp

4.4%

#4 in the US

PROPERTY TAX RATEhelp

0.31%

#10 in the US

GENERAL SALES TAX RATEhelp

4%

#10 in the US

Idaho

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CAPITAL GAINS TAX RATEhelp

6.93%

#38 in the US

CORPORATE TAX RATEhelp

6.5%

#19 in the US

PROPERTY TAX RATEhelp

0.65%

#11 in the US

GENERAL SALES TAX RATEhelp

6%

#30 in the US

Illinois

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CAPITAL GAINS TAX RATEhelp

4.95%

#15 in the US

CORPORATE TAX RATEhelp

9.5%

#41 in the US

PROPERTY TAX RATEhelp

1.97%

#33 in the US

GENERAL SALES TAX RATEhelp

6.25%

#31 in the US

Indiana

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CAPITAL GAINS TAX RATEhelp

3.23%

#11 in the US

CORPORATE TAX RATEhelp

4.9%

#5 in the US

PROPERTY TAX RATEhelp

0.81%

#12 in the US

GENERAL SALES TAX RATEhelp

7%

#49 in the US

Iowa

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CAPITAL GAINS TAX RATEhelp

8.53%

#46 in the US

CORPORATE TAX RATEhelp

9.8%

#42 in the US

PROPERTY TAX RATEhelp

1.43%

#34 in the US

GENERAL SALES TAX RATEhelp

6%

#32 in the US

Kansas

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CAPITAL GAINS TAX RATEhelp

5.7%

#27 in the US

CORPORATE TAX RATEhelp

4%

#6 in the US

PROPERTY TAX RATEhelp

1.28%

#35 in the US

GENERAL SALES TAX RATEhelp

6.5%

#33 in the US

Kentucky

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CAPITAL GAINS TAX RATEhelp

5%

#28 in the US

CORPORATE TAX RATEhelp

5%

#14 in the US

PROPERTY TAX RATEhelp

0.78%

#13 in the US

GENERAL SALES TAX RATEhelp

6%

#34 in the US

Louisiana

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CAPITAL GAINS TAX RATEhelp

4.25%

#16 in the US

CORPORATE TAX RATEhelp

7.5%

#27 in the US

PROPERTY TAX RATEhelp

0.51%

#14 in the US

GENERAL SALES TAX RATEhelp

4.45%

#11 in the US

Maine

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CAPITAL GAINS TAX RATEhelp

7.15%

#42 in the US

CORPORATE TAX RATEhelp

8.93%

#36 in the US

PROPERTY TAX RATEhelp

1.2%

#36 in the US

GENERAL SALES TAX RATEhelp

5.5%

#19 in the US

Maryland

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CAPITAL GAINS TAX RATEhelp

5.75%

#29 in the US

CORPORATE TAX RATEhelp

8.25%

#37 in the US

PROPERTY TAX RATEhelp

1.01%

#37 in the US

GENERAL SALES TAX RATEhelp

6%

#35 in the US

Massachusetts

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CAPITAL GAINS TAX RATEhelp

5%

#30 in the US

CORPORATE TAX RATEhelp

8%

#38 in the US

PROPERTY TAX RATEhelp

1.08%

#38 in the US

GENERAL SALES TAX RATEhelp

6.25%

#36 in the US

Michigan

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CAPITAL GAINS TAX RATEhelp

4.25%

#17 in the US

CORPORATE TAX RATEhelp

6%

#20 in the US

PROPERTY TAX RATEhelp

1.53%

#39 in the US

GENERAL SALES TAX RATEhelp

6%

#37 in the US

Minnesota

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CAPITAL GAINS TAX RATEhelp

9.85%

#49 in the US

CORPORATE TAX RATEhelp

9.8%

#43 in the US

PROPERTY TAX RATEhelp

1.05%

#40 in the US

GENERAL SALES TAX RATEhelp

6.88%

#38 in the US

Mississippi

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CAPITAL GAINS TAX RATEhelp

5%

#31 in the US

CORPORATE TAX RATEhelp

5%

#15 in the US

PROPERTY TAX RATEhelp

0.63%

#15 in the US

GENERAL SALES TAX RATEhelp

7%

#50 in the US

Missouri

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CAPITAL GAINS TAX RATEhelp

5.4%

#32 in the US

CORPORATE TAX RATEhelp

4%

#7 in the US

PROPERTY TAX RATEhelp

0.96%

#16 in the US

GENERAL SALES TAX RATEhelp

4.23%

#12 in the US

Montana

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CAPITAL GAINS TAX RATEhelp

4.9%

#18 in the US

CORPORATE TAX RATEhelp

6.75%

#21 in the US

PROPERTY TAX RATEhelp

0.74%

#17 in the US

GENERAL SALES TAX RATEhelp

0%

#3 in the US

Nebraska

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CAPITAL GAINS TAX RATEhelp

6.84%

#39 in the US

CORPORATE TAX RATEhelp

7.5%

#28 in the US

PROPERTY TAX RATEhelp

1.54%

#41 in the US

GENERAL SALES TAX RATEhelp

5.5%

#20 in the US

Nevada

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CAPITAL GAINS TAX RATEhelp

0%

#3 in the US

PROPERTY TAX RATEhelp

0.56%

#18 in the US

GENERAL SALES TAX RATEhelp

6.85%

#39 in the US

New Hampshire

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CAPITAL GAINS TAX RATEhelp

0%

#4 in the US

CORPORATE TAX RATEhelp

7.6%

#29 in the US

PROPERTY TAX RATEhelp

1.89%

#42 in the US

GENERAL SALES TAX RATEhelp

0%

#4 in the US

New Jersey

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CAPITAL GAINS TAX RATEhelp

10.75%

#51 in the US

CORPORATE TAX RATEhelp

9%

#44 in the US

PROPERTY TAX RATEhelp

2.13%

#51 in the US

GENERAL SALES TAX RATEhelp

6.63%

#40 in the US

New Mexico

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CAPITAL GAINS TAX RATEhelp

5.9%

#33 in the US

CORPORATE TAX RATEhelp

5.9%

#16 in the US

PROPERTY TAX RATEhelp

0.59%

#19 in the US

GENERAL SALES TAX RATEhelp

5.13%

#21 in the US

New York

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CAPITAL GAINS TAX RATEhelp

8.82%

#47 in the US

CORPORATE TAX RATEhelp

6.5%

#22 in the US

PROPERTY TAX RATEhelp

1.3%

#43 in the US

GENERAL SALES TAX RATEhelp

4%

#13 in the US

North Carolina

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CAPITAL GAINS TAX RATEhelp

4.99%

#19 in the US

CORPORATE TAX RATEhelp

2.5%

#1 in the US

PROPERTY TAX RATEhelp

0.78%

#20 in the US

GENERAL SALES TAX RATEhelp

4.75%

#14 in the US

North Dakota

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CAPITAL GAINS TAX RATEhelp

2.9%

#10 in the US

CORPORATE TAX RATEhelp

4.31%

#8 in the US

PROPERTY TAX RATEhelp

0.88%

#21 in the US

GENERAL SALES TAX RATEhelp

5%

#22 in the US

Ohio

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CAPITAL GAINS TAX RATEhelp

4.8%

#20 in the US

PROPERTY TAX RATEhelp

1.52%

#44 in the US

GENERAL SALES TAX RATEhelp

5.75%

#23 in the US

Oklahoma

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CAPITAL GAINS TAX RATEhelp

4.75%

#21 in the US

CORPORATE TAX RATEhelp

4%

#9 in the US

PROPERTY TAX RATEhelp

0.83%

#22 in the US

GENERAL SALES TAX RATEhelp

4.5%

#15 in the US

Oregon

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CAPITAL GAINS TAX RATEhelp

9.9%

#50 in the US

CORPORATE TAX RATEhelp

7.6%

#30 in the US

PROPERTY TAX RATEhelp

0.91%

#23 in the US

GENERAL SALES TAX RATEhelp

0%

#5 in the US

Pennsylvania

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CAPITAL GAINS TAX RATEhelp

3.07%

#12 in the US

CORPORATE TAX RATEhelp

9.99%

#45 in the US

PROPERTY TAX RATEhelp

1.43%

#45 in the US

GENERAL SALES TAX RATEhelp

6%

#41 in the US

Rhode Island

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CAPITAL GAINS TAX RATEhelp

5.99%

#34 in the US

CORPORATE TAX RATEhelp

7%

#31 in the US

PROPERTY TAX RATEhelp

1.37%

#46 in the US

GENERAL SALES TAX RATEhelp

7%

#51 in the US

South Carolina

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CAPITAL GAINS TAX RATEhelp

7%

#43 in the US

CORPORATE TAX RATEhelp

5%

#17 in the US

PROPERTY TAX RATEhelp

0.53%

#24 in the US

GENERAL SALES TAX RATEhelp

6%

#42 in the US

South Dakota

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CAPITAL GAINS TAX RATEhelp

0%

#5 in the US

PROPERTY TAX RATEhelp

1.14%

#47 in the US

GENERAL SALES TAX RATEhelp

4.5%

#16 in the US

Tennessee

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CAPITAL GAINS TAX RATEhelp

0%

#6 in the US

CORPORATE TAX RATEhelp

6.5%

#23 in the US

PROPERTY TAX RATEhelp

0.63%

#25 in the US

GENERAL SALES TAX RATEhelp

7%

#52 in the US

Texas

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CAPITAL GAINS TAX RATEhelp

0%

#7 in the US

PROPERTY TAX RATEhelp

1.6%

#48 in the US

GENERAL SALES TAX RATEhelp

6.25%

#43 in the US

Utah

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CAPITAL GAINS TAX RATEhelp

4.95%

#22 in the US

CORPORATE TAX RATEhelp

4.95%

#10 in the US

PROPERTY TAX RATEhelp

0.56%

#26 in the US

GENERAL SALES TAX RATEhelp

6.1%

#44 in the US

Vermont

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CAPITAL GAINS TAX RATEhelp

8.75%

#48 in the US

CORPORATE TAX RATEhelp

8.5%

#39 in the US

PROPERTY TAX RATEhelp

1.76%

#49 in the US

GENERAL SALES TAX RATEhelp

6%

#45 in the US

Virginia

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CAPITAL GAINS TAX RATEhelp

5.75%

#35 in the US

CORPORATE TAX RATEhelp

6%

#24 in the US

PROPERTY TAX RATEhelp

0.84%

#27 in the US

GENERAL SALES TAX RATEhelp

5.3%

#24 in the US

Washington

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CAPITAL GAINS TAX RATEhelp

7%

#44 in the US

PROPERTY TAX RATEhelp

0.84%

#28 in the US

GENERAL SALES TAX RATEhelp

6.5%

#46 in the US

West Virginia

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CAPITAL GAINS TAX RATEhelp

6.5%

#40 in the US

CORPORATE TAX RATEhelp

6.5%

#25 in the US

PROPERTY TAX RATEhelp

0.53%

#29 in the US

GENERAL SALES TAX RATEhelp

6%

#47 in the US

Wisconsin

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CAPITAL GAINS TAX RATEhelp

7.65%

#45 in the US

CORPORATE TAX RATEhelp

7.9%

#32 in the US

PROPERTY TAX RATEhelp

1.53%

#50 in the US

GENERAL SALES TAX RATEhelp

5%

#25 in the US

Wyoming

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CAPITAL GAINS TAX RATEhelp

0%

#8 in the US

PROPERTY TAX RATEhelp

0.51%

#30 in the US

GENERAL SALES TAX RATEhelp

4%

#17 in the US

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help

0%

#9 in the US

help

0%

#31 in the US

help

0%

#6 in the US