Capital Gains Tax Calculator
Calculate your capital gains tax liability for real estate investments. Input your financial details below to get a comprehensive tax analysis including federal, state, and special tax considerations.
Property Details
Enter your property and tax information to calculate capital gains
1
Individual's Tax Information
$
years
2
Adjusted Tax Basis
$
$
$
$
$
$
3
Sale Information
$
$
$
Tax Analysis
Based on your inputs, here are your capital gains tax calculations
| Type of Tax | Rate | Taxable Amt | Taxes Due |
|---|---|---|---|
| Ordinary Income Tax | 10.00% | $0 | $0 |
| Depreciation Recapture | 25.00% | $0 | $0 |
| Federal Capital Gains Tax | 0.00% | $0 | $0 |
| Section 1411 Medicare Surtax | 0.00% | $0 | $0 |
| State Capital Gains Tax | 13.30% | $0 | $0 |
Selling Price on the Property$0
Net Selling Price$0
(Less) Adjusted Tax Basis$0
REALIZED GAIN/LOSS$0
Note: This is a simplified calculation. Please consult with a tax professional for detailed advice specific to your situation.
Federal Tax Rates
Federal tax rates vary based on your income level and filing status. Long-term capital gains rates are typically:
- • 0% for low-income brackets
- • 15% for middle-income brackets
- • 20% for high-income brackets
- • Additional 3.8% Net Investment Income Tax may apply
State Tax Considerations
State tax rates can significantly impact your total tax liability:
- • Rates vary from 0% to 13.3%
- • Some states have no capital gains tax
- • Consider both property and residence state rates
- • Special rules may apply for non-residents
Depreciation Recapture
Understanding depreciation recapture is crucial:
- • Taxed at 25% rate
- • Applies to previously claimed depreciation
- • Cannot be offset by losses
- • May be deferred through 1031 exchange