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Capital Gains Tax by State
By Priya Raman
Every state sets its own rate; the federal floor never moves.
Every state sets its own rate; the federal floor never moves.
Every state sets its own bite on investment property gains, but the federal floor never moves: 20% long-term capital gains plus, for higher earners, the 3.8% net investment income tax. Add your state's rate on top and you get the ceiling a 1031 exchange can defer. Find your state below for the specific number.
| State | State rate | Combined (LT) |
|---|---|---|
| Alabama | 5.00% | up to 28.8% |
| Alaska | 0.00% | up to 23.8% |
| Arizona | 2.50% | up to 26.3% |
| Arkansas | 4.40% | up to 28.2% |
| California | 13.30% | up to 37.1% |
| Colorado | 4.40% | up to 28.2% |
| Connecticut | 6.99% | up to 30.8% |
| Delaware | 6.60% | up to 30.4% |
| District of Columbia | 10.75% | up to 34.5% |
| Florida | 0.00% | up to 23.8% |
| Georgia | 5.39% | up to 29.2% |
| Hawaii | 11.00% | up to 34.8% |
| Idaho | 5.80% | up to 29.6% |
| Illinois | 4.95% | up to 28.8% |
| Indiana | 3.05% | up to 26.9% |
| Iowa | 5.70% | up to 29.5% |
| Kansas | 5.70% | up to 29.5% |
| Kentucky | 4.00% | up to 27.8% |
| Louisiana | 4.25% | up to 28.1% |
| Maine | 7.15% | up to 31.0% |
| Maryland | 5.75% | up to 29.6% |
| Massachusetts | 9.00% | up to 32.8% |
| Michigan | 4.25% | up to 28.1% |
| Minnesota | 9.85% | up to 33.6% |
| Mississippi | 4.70% | up to 28.5% |
| Missouri | 4.80% | up to 28.6% |
| Montana | 5.90% | up to 29.7% |
| Nebraska | 5.84% | up to 29.6% |
| Nevada | 0.00% | up to 23.8% |
| New Hampshire | 0.00% | up to 23.8% |
| New Jersey | 10.75% | up to 34.5% |
| New Mexico | 5.90% | up to 29.7% |
| New York | 10.90% | up to 34.7% |
| North Carolina | 4.50% | up to 28.3% |
| North Dakota | 2.50% | up to 26.3% |
| Ohio | 3.50% | up to 27.3% |
| Oklahoma | 4.75% | up to 28.6% |
| Oregon | 9.90% | up to 33.7% |
| Pennsylvania | 3.07% | up to 26.9% |
| Rhode Island | 5.99% | up to 29.8% |
| South Carolina | 6.40% | up to 30.2% |
| South Dakota | 0.00% | up to 23.8% |
| Tennessee | 0.00% | up to 23.8% |
| Texas | 0.00% | up to 23.8% |
| Utah | 4.65% | up to 28.5% |
| Vermont | 8.75% | up to 32.5% |
| Virginia | 5.75% | up to 29.6% |
| Washington | 0.00% | up to 23.8% |
| West Virginia | 5.12% | up to 28.9% |
| Wisconsin | 7.65% | up to 31.5% |
| Wyoming | 0.00% | up to 23.8% |