STATE CAPITAL GAINS RATE

 

All but a few states apply a capital gains tax on the sale of most assets. When calculating your tax on the appreciated value of the asset you’re selling, be sure to include any appropriate state tax with your federal capital gains tax.

 

The sale of investment property held for rental purposes is subject to capital gains tax in most states.

State Capital Gains Tax Rate (%)
Alabama 5.00
Alaska 0.00
Arizona 4.54
Arkansas 6.90
California 13.30
Colorado 4.63
Connecticut 6.99
Delaware 3.40
Florida 0.00
Georgia 5.75
Hawaii 11.00
Idaho 6.93
Illinois 4.95
Indiana 3.23
Iowa 8.53
Kansas 5.70
Kentucky 5.00
Louisiana 6.00
Maine 7.15
Maryland 5.75
Massachusetts 5.05
Michigan 4.25
Minnesota 9.85
Mississippi 5.00
Missouri 5.40
Montana 6.90
Nebraska 6.84
Nevada 0.00
New Hampshire 0.00
New Jersey 10.750
New Mexico 4.90
New York 8.82
North Carolina 5.25
North Dakota 2.90
Ohio 5.00
Oklahoma 5.00
Oregon 9.90
Pennsylvania 3.07
Rhode Island 5.99
South Carolina 7.00
South Dakota 0.00
Tennessee 0.00
Texas 0.00
Utah 4.95
Vermont 9.75
Virginia 5.75
Washington 0.00
West Virginia 6.50
Wisconsin 7.65
Wyoming 0.00

Source: worldpopulationreview.com