Capital Gains Tax Calculator
Calculate the tax on your investment gains. Enter your purchase price, sale price, holding period, and marginal tax bracket to determine whether your gain is short-term or long-term and how much tax you owe.
Capital Gains Tax Calculator
FAQ
What is the difference between short-term and long-term capital gains?
Short-term capital gains apply to assets held for 12 months or less and are taxed at your ordinary income tax rate. Long-term capital gains apply to assets held for more than 12 months and are taxed at preferential rates of 0%, 15%, or 20% depending on your income.
Can I offset capital gains with losses?
Yes, capital losses can offset capital gains. If your losses exceed gains, you can deduct up to $3,000 per year from ordinary income. Remaining losses carry forward to future tax years.
What about the Net Investment Income Tax?
High-income taxpayers may owe an additional 3.8% Net Investment Income Tax (NIIT) on capital gains if their modified adjusted gross income exceeds $200,000 (single) or $250,000 (married filing jointly). This calculator does not include NIIT.