OKLAHOMA CAPITAL GAINS TAX · TAX YEAR 2026
Oklahoma capital gains tax calculator
Oklahoma taxes capital gains as ordinary income, at rates from 2.5% to 4.5%, with no lower rate for long-term gains. On a $50,000 long-term gain with $75,000 of wages, a single filer owes $2,250 of Oklahoma tax and $7,500 of federal income tax, $9,750 in all, and keeps $40,250.
Tax on your gain
- Total tax on the gain
- $9,750.00
- Federal income tax
- $7,500.00
- Net investment income tax
- $0.00
- Oklahoma tax
- $2,250.00
- After-tax gain
- $40,250.00
- Effective rate
- 19.50%
Oklahoma 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 | $450 |
| $50,000 | $7,500 | $2,250 |
| $100,000 | $15,000 | $4,500 |
| $250,000 | $42,250 | $11,250 |
| $1,000,000 | $208,920 | $45,000 |
Oklahoma capital gains tax questions
Does Oklahoma tax capital gains?
Yes. Oklahoma taxes capital gains as ordinary income, at rates from 2.5% to 4.5%, with no lower rate for long-term gains.
How much Oklahoma tax is due on a capital gain?
A single filer with $75,000 of wages owes $2,250 of Oklahoma tax on a $50,000 long-term gain, 4.5% of the gain, and $11,250, 4.5%, on a $250,000 gain. Federal tax on the same gains is $7,500 and $42,250.
Does Oklahoma tax short-term capital gains differently?
No. Oklahoma taxes a $50,000 short-term gain the same as a long-term one: $2,250 of Oklahoma tax. Federal tax is what changes: $11,064 on the short-term gain against $7,500.
Does Oklahoma tax capital gains on Oklahoma property?
Not on qualifying gains. Oklahoma deducts gain on Oklahoma property held five years and on stock of Oklahoma-headquartered companies held two years. The deduction covers the whole qualifying net capital gain, with no dollar cap. Gains on other stocks and funds are taxed at Oklahoma's rates, up to 4.5%.
What the calculator leaves out
- Oklahoma deducts gain on Oklahoma property held five years and on stock of Oklahoma-headquartered companies held two years.
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.