Capital gains tax is a levy assessed on the positive difference between the sale price of an asset and its original purchase price. Assets include shares of stock, a piece of land, jewelry, coin …

In addition to a federal capital gains tax, you might have to pay state capital gains taxes. Here's how each state taxes capital gains (if at all).

Jul 27, 2024 · Updated 2024 Capital gains tax by state table for each state in the country and D.C.. Capital gains state tax rates displayed include federal max rate at 20%.

Apr 2, 2024 · Thirty-two states and the District of Columbia overtax capital gains income simply by subjecting capital gains to the same rate schedule that applies to ordinary income. Further, …

Dec 16, 2024 · California has the highest state capital gains tax rate in the country, up to 13.3%. New York and New Jersey follow closely behind with maximum rates of 10.9% and 10.75% …

Jul 25, 2016 · Breaking this down further, the states with the highest top marginal capital gains tax rates are California (33 percent), New York (31.6 percent), Oregon (31.2 percent), and …

Dec 10, 2024 · State capital gains taxes can take out a chunk of your portfolio profits. Explore the top capital gains tax rate for each U.S. state.

Check the data in the charts to see how capital gains taxes vary from state to state.

The Capital Gains Tax Calculator is designed to provide you an estimate on the cap gains tax owed after selling an asset or property. Includes short and long-term Federal and State Capital …

Feb 20, 2014 · Taking into account the state deductibility of federal taxes, local income taxes, the phase-out of itemized deduction, and any special treatment of capital gains income, this map …