Capital Gains Tax in Alaska

Alaska is one of a handful of states that don't tax income at all, capital gains included. A property seller here only answers to the IRS, and the ceiling on that federal bill is 23.8%.

Alaska's capital gains rate, broken down

There's only one layer to account for once you strip out the state piece; see it applied to your own numbers in the capital gains tax calculator.

• Federal long-term capital gains: up to 20%
• Net investment income tax (NIIT): an added 3.8% once income crosses the threshold
• Alaska state income tax: none, so this line is zero

Where the 1031 exchange fits

Even with no state bite, deferring the federal 23.8% is still real money on a large sale. Run the numbers in the 1031 exchange calculator and pull your exchange deadlines from the timeline tool.

Things to know before you exchange

• Alaska does not run a separate 1031 program; the deferral above comes entirely from federal Section 1031.
• A qualified intermediary has to hold your proceeds before a Alaska sale can qualify.