PENNSYLVANIA CAPITAL GAINS TAX · TAX YEAR 2026
Pennsylvania capital gains tax calculator
Pennsylvania taxes capital gains at its flat 3.07% rate as a separate class of income, with no difference between short-term and long-term gains. On a $50,000 long-term gain with $75,000 of wages, a single filer owes $1,535 of Pennsylvania tax and $7,500 of federal income tax, $9,035 in all, and keeps $40,965.
Tax on your gain
- Total tax on the gain
- $9,035.00
- Federal income tax
- $7,500.00
- Net investment income tax
- $0.00
- Pennsylvania tax
- $1,535.00
- After-tax gain
- $40,965.00
- Effective rate
- 18.07%
Pennsylvania 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 | $307 |
| $50,000 | $7,500 | $1,535 |
| $100,000 | $15,000 | $3,070 |
| $250,000 | $42,250 | $7,675 |
| $1,000,000 | $208,920 | $30,700 |
Pennsylvania capital gains tax questions
Does Pennsylvania tax capital gains?
Yes. Pennsylvania taxes capital gains at its flat 3.07% rate as a separate class of income, with no difference between short-term and long-term gains.
How much Pennsylvania tax is due on a capital gain?
A single filer with $75,000 of wages owes $1,535 of Pennsylvania tax on a $50,000 long-term gain, 3.07% of the gain, and $7,675, 3.07%, on a $250,000 gain. Federal tax on the same gains is $7,500 and $42,250.
Does Pennsylvania tax short-term capital gains differently?
No. Pennsylvania taxes a $50,000 short-term gain the same as a long-term one: $1,535 of Pennsylvania tax. Federal tax is what changes: $11,064 on the short-term gain against $7,500.
Does Pennsylvania tax the sale of a home?
Not a principal residence. Gain on a home you owned and lived in for two of the last five years is exempt, with no dollar limit, and a loss on a home is not allowed. A business or rental part of the home is taxed.
What the calculator leaves out
- Pennsylvania taxes gains as a separate class of income: losses cannot offset wages, and a principal home is exempt.
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.