Capital Gains Tax Rates 2026
Complete guide to federal and state capital gains tax rates
Long-Term Capital Gains Rates (Single Filer)
| Taxable Income | Tax Rate |
|---|---|
| Up to $48,350 | 0% |
| $48,350 - $533,400 | 15% |
| Over $533,400 | 20% |
Long-Term Rates (Married Filing Jointly)
| Taxable Income | Tax Rate |
|---|---|
| Up to $96,700 | 0% |
| $96,700 - $600,050 | 15% |
| Over $600,050 | 20% |
Net Investment Income Tax (NIIT)
High earners pay an additional 3.8% tax on investment income including capital gains.
Single Threshold
$200,000
Married Threshold
$250,000
State Capital Gains Tax Rates
Most states tax capital gains as ordinary income. Here are some notable rates:
California
13.3%
New York
10.9%
New Jersey
10.75%
Oregon
9.9%
Minnesota
9.85%
Massachusetts
9%
Texas
0%
Florida
0%
Nevada
0%
Washington
7%
Tax-Loss Harvesting Tips
Losses offset gains dollar-for-dollar
Excess losses offset up to $3,000 of ordinary income
Unused losses carry forward indefinitely
Avoid wash sale rule (30-day waiting period)
Consider harvesting before year-end
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