What Texas residents need to know about state capital gains taxes

What Texas residents need to know about state capital gains taxes

Some states collect their own capital gains taxes. Learn how it works in Texas.
What Taxes Need to Be Filed After Someone Dies?
 
What Texas Residents Need To Know About Federal Capital Gains Taxes

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Last Reviewed: Tue, Sep 1, 2020

In addition to federal capital gains taxes, some states also levy a state capital gains tax. California has the highest marginal tax rate, which combines both federal and state capital gains, of (37.3%), followed by Oregon (34.9%), and Minnesota (34.85%).

The average state capital gains tax rate is 28.7%, and nine states have no capital gains tax at all.

Click here to see what your state's capital gains tax rates are.

 

Jurisdictional relevance: There are versions of this article for each State.
Selected State: Texas
What Taxes Need to Be Filed After Someone Dies?
 
What Texas Residents Need To Know About Federal Capital Gains Taxes
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