Capital gains tax by state
What a $100,000 long-term capital gain costs in each of the 51 US jurisdictions, for a single filer with $100,000 of other income in the 2026 tax year. The federal bill is the same everywhere — $15,000 on this gain — so the column that moves is the state one, and it moves by $9,427 between the ends of this table.
Alaska, Florida, Missouri, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Wyoming — eight because they tax no income at all, and Missouri because it deducts every capital gain.
An exclusion, a separate rate schedule, a cap, or an excise — rather than simply taxing the gain as income.
No special rate and no long-term exclusion: the gain joins your salary at the state's own brackets.
State tax only in the table below; federal tax and the 3.8% net investment income tax are on top and are the larger part of the bill in every state. Each row links to that state’s page, which carries the statute or form the rule was read from and what it deliberately leaves out.
| State | Tax on $100,000 | Effective rate | How the state treats a gain |
|---|---|---|---|
| Alaska capital gains tax | — | 0% | No individual income tax |
| Florida capital gains tax | — | 0% | No individual income tax |
| Missouri capital gains tax | — | 0% | 100% of capital gains deducted |
| Nevada capital gains tax | — | 0% | No individual income tax |
| New Hampshire capital gains tax | — | 0% | No individual income tax |
| South Dakota capital gains tax | — | 0% | No individual income tax |
| Tennessee capital gains tax | — | 0% | No individual income tax |
| Texas capital gains tax | — | 0% | No individual income tax |
| Washington capital gains tax | — | 0% | 7% excise above $278,000 |
| Wyoming capital gains tax | — | 0% | No individual income tax |
| North Dakota capital gains tax | $1,170 | 1.17% | 40% of a long-term gain excluded |
| Arkansas capital gains tax | $1,950 | 1.95% | Half of a long-term gain taxed |
| Arizona capital gains tax | $2,500 | 2.50% | Taxed as ordinary income |
| Ohio capital gains tax | $2,750 | 2.75% | Taxed as ordinary income |
| South Carolina capital gains tax | $2,918 | 2.92% | 44% of a long-term gain deducted |
| Indiana capital gains tax | $2,950 | 2.95% | Taxed as ordinary income |
| Louisiana capital gains tax | $3,000 | 3.00% | Taxed as ordinary income |
| Pennsylvania capital gains tax | $3,070 | 3.07% | Taxed as ordinary income |
| Kentucky capital gains tax | $3,500 | 3.50% | Taxed as ordinary income |
| Wisconsin capital gains tax | $3,710 | 3.71% | 30% of a long-term gain excluded |
| Iowa capital gains tax | $3,800 | 3.80% | Taxed as ordinary income |
| North Carolina capital gains tax | $3,990 | 3.99% | Taxed as ordinary income |
| Mississippi capital gains tax | $4,000 | 4.00% | Taxed as ordinary income |
| Montana capital gains tax | $4,100 | 4.10% | Its own 3.0% / 4.1% schedule |
| Michigan capital gains tax | $4,250 | 4.25% | Taxed as ordinary income |
| Colorado capital gains tax | $4,400 | 4.40% | Taxed as ordinary income |
| Nebraska capital gains tax | $4,550 | 4.55% | Taxed as ordinary income |
| West Virginia capital gains tax | $4,580 | 4.58% | Taxed as ordinary income |
| Utah capital gains tax | $4,591 | 4.59% | Taxed as ordinary income |
| Oklahoma capital gains tax | $4,750 | 4.75% | Taxed as ordinary income |
| Rhode Island capital gains tax | $4,750 | 4.75% | Taxed as ordinary income |
| New Mexico capital gains tax | $4,778 | 4.78% | First $2,500 excluded |
| Illinois capital gains tax | $4,950 | 4.95% | Taxed as ordinary income |
| Georgia capital gains tax | $4,990 | 4.99% | Taxed as ordinary income |
| Alabama capital gains tax | $5,000 | 5.00% | Taxed as ordinary income |
| Massachusetts capital gains tax | $5,000 | 5.00% | 5% long-term, 8.5% short-term |
| Maryland capital gains tax | $5,192 | 5.19% | Taxed as ordinary income |
| Idaho capital gains tax | $5,300 | 5.30% | Taxed as ordinary income |
| Kansas capital gains tax | $5,580 | 5.58% | Taxed as ordinary income |
| Virginia capital gains tax | $5,750 | 5.75% | Taxed as ordinary income |
| Connecticut capital gains tax | $5,920 | 5.92% | Taxed as ordinary income |
| New York capital gains tax | $6,000 | 6.00% | Taxed as ordinary income |
| New Jersey capital gains tax | $6,370 | 6.37% | Taxed as ordinary income |
| Delaware capital gains tax | $6,600 | 6.60% | Taxed as ordinary income |
| Vermont capital gains tax | $6,862 | 6.86% | First $5,000 excluded |
| Maine capital gains tax | $7,150 | 7.15% | Taxed as ordinary income |
| Hawaii capital gains tax | $7,250 | 7.25% | Capped at 7.25% |
| Minnesota capital gains tax | $7,582 | 7.58% | Ordinary income, plus 1% above $1m |
| District of Columbia capital gains tax | $8,500 | 8.50% | Taxed as ordinary income |
| California capital gains tax | $9,300 | 9.30% | Taxed as ordinary income |
| Oregon capital gains tax | $9,427 | 9.43% | Taxed as ordinary income |
The 9 places a gain is untaxed
Eight of these tax no income at all, so a capital gain was never going to be caught. Missouri is the interesting one: it taxes wages normally but from tax year 2025 deducts 100% of income reported as a capital gain, which makes it the only state that treats the two differently in that direction.
The 12 with a rule of their own
These are where most capital gains calculators go wrong, because the rule is not the state’s income tax rate and three of them changed in the last two years. Each page states the current rule and cites the statute, form or rate table behind it.
- Missouri capital gains tax
- Washington capital gains tax
- North Dakota capital gains tax
- Arkansas capital gains tax
- South Carolina capital gains tax
- Wisconsin capital gains tax
- Montana capital gains tax
- New Mexico capital gains tax
- Massachusetts capital gains tax
- Vermont capital gains tax
- Hawaii capital gains tax
- Minnesota capital gains tax
Every state
Alphabetically, for when you know which one you want.
- Alabama capital gains tax
- Alaska capital gains tax
- Arizona capital gains tax
- Arkansas capital gains tax
- California capital gains tax
- Colorado capital gains tax
- Connecticut capital gains tax
- Delaware capital gains tax
- District of Columbia capital gains tax
- Florida capital gains tax
- Georgia capital gains tax
- Hawaii capital gains tax
- Idaho capital gains tax
- Illinois capital gains tax
- Indiana capital gains tax
- Iowa capital gains tax
- Kansas capital gains tax
- Kentucky capital gains tax
- Louisiana capital gains tax
- Maine capital gains tax
- Maryland capital gains tax
- Massachusetts capital gains tax
- Michigan capital gains tax
- Minnesota capital gains tax
- Mississippi capital gains tax
- Missouri capital gains tax
- Montana capital gains tax
- Nebraska capital gains tax
- Nevada capital gains tax
- New Hampshire capital gains tax
- New Jersey capital gains tax
- New Mexico capital gains tax
- New York capital gains tax
- North Carolina capital gains tax
- North Dakota capital gains tax
- Ohio capital gains tax
- Oklahoma capital gains tax
- Oregon capital gains tax
- Pennsylvania capital gains tax
- Rhode Island capital gains tax
- South Carolina capital gains tax
- South Dakota capital gains tax
- Tennessee capital gains tax
- Texas capital gains tax
- Utah capital gains tax
- Vermont capital gains tax
- Virginia capital gains tax
- Washington capital gains tax
- West Virginia capital gains tax
- Wisconsin capital gains tax
- Wyoming capital gains tax
Work out your own number
The table answers for one gain, one income and one filing status. The calculator takes yours, including the federal 0/15/20% schedule and the 3.8% surtax — which together are the larger part of the bill in nearly every state.