What California residents need to know about state capital gains taxes
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 (33%), followed by New York (31.5%), Oregon (31%), and Minnesota (30.5%).
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.
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