OHIO CAPITAL GAINS TAX · TAX YEAR 2026
Ohio capital gains tax calculator
Ohio taxes capital gains as ordinary income, at its flat 2.75% rate, with no lower rate for long-term gains. On a $50,000 long-term gain with $75,000 of wages, a single filer owes $1,382 of Ohio tax and $7,500 of federal income tax, $8,882 in all, and keeps $41,118.
Tax on your gain
- Total tax on the gain
- $8,881.88
- Federal income tax
- $7,500.00
- Net investment income tax
- $0.00
- Ohio tax
- $1,381.88
- After-tax gain
- $41,118.12
- Effective rate
- 17.76%
Ohio tax by size of gain
What a single filer with $75,000 of wages owes on a long-term gain. Federal tax includes the net investment income tax.
| Gain | Federal tax | State tax |
|---|---|---|
| $10,000 | $1,500 | $282 |
| $50,000 | $7,500 | $1,382 |
| $100,000 | $15,000 | $2,757 |
| $250,000 | $42,250 | $6,882 |
| $1,000,000 | $208,920 | $27,559 |
Ohio capital gains tax questions
Does Ohio tax capital gains?
Yes. Ohio taxes capital gains as ordinary income, at its flat 2.75% rate, with no lower rate for long-term gains.
How much Ohio tax is due on a capital gain?
A single filer with $75,000 of wages owes $1,382 of Ohio tax on a $50,000 long-term gain, 2.76% of the gain, and $6,882, 2.75%, on a $250,000 gain. Federal tax on the same gains is $7,500 and $42,250.
Does Ohio tax short-term capital gains differently?
No. Ohio taxes a $50,000 short-term gain the same as a long-term one: $1,382 of Ohio tax. Federal tax is what changes: $11,064 on the short-term gain against $7,500.
What the calculator leaves out
- Gain from selling a business may count as business income, which has its own deduction and flat rate.
- Gain counted as business income gets Ohio's business income deduction of $250,000 ($125,000 married filing separately), with the rest taxed at 3%.
- From 2026, a seller who materially participated for five years can deduct gain on an interest in a business organized and headquartered in Ohio, up to a payroll-based limit.
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.