Federal Income Tax Calculator

CAPITAL GAINS TAX BY STATE · TAX YEAR 2026

Capital gains tax by state (2026)

How each state and DC taxes a capital gain in 2026, and what each charges a single filer with $75,000 of wages on a $50,000 long-term gain. Ten charge nothing on it; Oregon charges the most, $4,697.

State tax on the same capital gain

Each state's 2026 tax on a long-term gain for a single filer with $75,000 of wages, from lowest to highest. Federal tax on the $50,000 gain is $7,500 in every state. Indiana figures include Marion County tax. Maryland figures include Montgomery County tax. New York figures exclude New York City tax.

State tax on a long-term capital gain — tax year 2026
State and rule$50,000 gain$1,000,000 gain
AlaskaNo income tax$0$0
FloridaNo income tax$0$0
Missouri100% of gains subtracted$0$0
NevadaNo income tax$0$0
New HampshireNo income tax$0$0
South DakotaNo income tax$0$0
TennesseeNo income tax$0$0
TexasNo income tax$0$0
WyomingNo income tax$0$0
Washington7% on long-term gains over $278,000 (latest published, 2025)$0$50,540
North Dakota40% of long-term gains excluded$585$13,947
Arizona25% of long-term gains excluded$938$18,750
Arkansas50% of long-term gains excluded, all over $10,000,000$1,202$18,787
OhioOrdinary income, 2.75% flat$1,382$27,559
LouisianaOrdinary income, 3% flat$1,500$30,000
PennsylvaniaOrdinary income, 3.07% flat$1,535$30,700
South Carolina44% of long-term gains excluded$1,743$29,460
KentuckyOrdinary income, 3.5% flat$1,750$35,000
IowaOrdinary income, 3.8% flat$1,900$38,000
AlabamaOrdinary income, 2% to 5%$1,947$32,996
North CarolinaOrdinary income, 3.99% flat$1,995$39,900
MississippiOrdinary income, 4% flat$2,000$40,000
MontanaLong-term 3% and 4.1%$2,050$41,000
Wisconsin30% of long-term gains excluded$2,078$47,868
MichiganOrdinary income, 4.25% flat$2,125$42,500
Rhode IslandOrdinary income, 3.75% to 5.99%$2,140$59,064
ColoradoOrdinary income, 4.4% flat$2,200$44,664
OklahomaOrdinary income, 2.5% to 4.5%$2,250$45,000
NebraskaOrdinary income, 2.46% to 4.55%$2,275$45,500
West VirginiaOrdinary income, 2.11% to 4.58%$2,290$45,800
New MexicoFirst $2,500 of long-term gains excluded$2,312$57,326
UtahOrdinary income, 4.45% flat$2,453$44,728
IllinoisOrdinary income, 4.95% flat$2,475$49,645
IndianaOrdinary income, 2.95% flat plus county$2,485$49,700
GeorgiaOrdinary income, 4.99% flat$2,495$49,900
MassachusettsLong-term 5%, short-term 8.5%$2,500$50,000
IdahoOrdinary income, 5.3% flat$2,650$53,000
KansasOrdinary income, 5.2% to 5.58%$2,790$55,800
VirginiaOrdinary income, 2% to 5.75%$2,875$57,500
VermontFirst $5,000 of long-term gains excluded$2,970$84,214
New YorkOrdinary income, 3.9% to 10.9%$3,079$69,636
ConnecticutOrdinary income, 2% to 6.99%$3,125$71,618
New JerseyOrdinary income, 1.4% to 10.75%$3,177$79,933
DelawareOrdinary income, 2.2% to 6.6%$3,300$66,000
MinnesotaOrdinary income, 5.35% to 9.85%, 1% more over $1,000,000$3,403$96,314
HawaiiLong-term capped at 7.25%$3,625$72,500
MaineOrdinary income, 5.8% to 7.15%$3,872$74,458
MarylandOrdinary income, 2% to 6.5% plus county, 2% surtax over $350,000 of AGI$4,152$111,946
District of ColumbiaOrdinary income, 4% to 10.75%$4,228$94,428
CaliforniaOrdinary income, 1% to 12.3%$4,571$109,710
OregonOrdinary income, 4.75% to 9.9%$4,697$99,326

Capital gains tax by state questions

Which states have no capital gains tax?

The eight states with no income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas and Wyoming. Since 2025, Missouri subtracts 100% of capital gains, so it taxes none. Washington has no income tax but taxes long-term capital gains above its standard deduction at 7%.

Which state has the highest capital gains tax?

On a $50,000 long-term gain with $75,000 of wages, Oregon ($4,697), California ($4,571) and the District of Columbia ($4,228) charge a single filer the most. On a $1,000,000 gain, Maryland ($111,946), California ($109,710) and Oregon ($99,326) do.

Which states tax long-term capital gains at a lower rate?

Ten states exclude part of a long-term gain or tax it at its own rate: Arizona, Arkansas, Hawaii, Massachusetts, Montana, New Mexico, North Dakota, South Carolina, Vermont and Wisconsin. The rest tax long-term gains as ordinary income, at the same rates as wages.

Is federal tax on a capital gain the same in every state?

Yes. On a $50,000 long-term gain with $75,000 of wages, a single filer owes $7,500 of federal income tax in every state. State tax comes on top of it.

What these figures leave out

Each state's page lists the gain rules its calculator does not apply, such as exclusions for in-state property or businesses.

Federal tax stacks the gain on wages after the 2026 standard deduction, taxes a long-term gain at the long-term capital gains rates and a short-term gain at the ordinary brackets, and adds the net investment income tax. The gain is the only investment income. Capital losses and carryovers, qualified dividends, the collectibles and section 1250 rates, the alternative minimum tax and credits are left out; enter a home sale's gain after any federal exclusion.

Sources

Read the full assumptions and sources.

Related