Some states collect their own capital gains taxes. Learn how it works in Oklahoma.
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Last Reviewed: Sun, Jan 1, 2023
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.
IRS summary of taxes that need to be filed after a death with links to tax forms.
Summary of the IRA withdrawal options and tax consequences from the IRS.
Table showing combined state and federal capital gains tax rates for each state.
There are versions of this article for each State.
Selected State: Oklahoma
