WISCONSIN CAPITAL GAINS TAX · TAX YEAR 2026
Wisconsin capital gains tax calculator
Wisconsin subtracts 30% of net capital gain from assets held more than a year and taxes the rest, and all short-term gains, at its ordinary rates from 3.5% to 7.65%. On a $50,000 long-term gain with $75,000 of wages, a single filer owes $2,078 of Wisconsin tax and $7,500 of federal income tax, $9,578 in all, and keeps $40,422.
Tax on your gain
- Total tax on the gain
- $9,577.60
- Federal income tax
- $7,500.00
- Net investment income tax
- $0.00
- Wisconsin tax
- $2,077.60
- After-tax gain
- $40,422.40
- Effective rate
- 19.16%
- Gain Wisconsin excludes
- $15,000.00
Wisconsin tax by size of gain
What a single filer with $75,000 of wages owes on a long-term gain, and the state tax if the same gain were short-term. Federal tax includes the net investment income tax.
| Gain | Federal tax | State tax | State tax if short-term |
|---|---|---|---|
| $10,000 | $1,500 | $416 | $594 |
| $50,000 | $7,500 | $2,078 | $2,968 |
| $100,000 | $15,000 | $4,101 | $5,691 |
| $250,000 | $42,250 | $9,666 | $13,641 |
| $1,000,000 | $208,920 | $47,868 | $70,818 |
Wisconsin capital gains tax questions
Does Wisconsin tax capital gains?
Yes. Wisconsin subtracts 30% of net capital gain from assets held more than a year and taxes the rest, and all short-term gains, at its ordinary rates from 3.5% to 7.65%.
How much Wisconsin tax is due on a capital gain?
A single filer with $75,000 of wages owes $2,078 of Wisconsin tax on a $50,000 long-term gain, 4.16% of the gain, and $9,666, 3.87%, on a $250,000 gain. Federal tax on the same gains is $7,500 and $42,250.
Does Wisconsin tax short-term capital gains differently?
Yes. A $10,000 short-term gain owes $594 of Wisconsin tax, against $416 on a long-term gain. Federal tax on it is $2,200, against $1,500.
What the calculator leaves out
- Farm assets get a 60% exclusion.
- Long-term gain on an investment in a qualified Wisconsin business, held at least five years, can be excluded in full.
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
- IRS Topic 409, Capital gains and losses
- IRS Revenue Procedure 2025-32: 2026 capital gains thresholds
- IRS: net investment income tax
- Wis. Stat. 71.05(6)(b)9
- Wisconsin Publication 103: capital gains and losses
- Wisconsin DOR: qualified Wisconsin business exclusion
- 2026 Form 1-ES instructions: rate schedules and standard deduction