Capital Gains Tax Calculator
Calculate your capital gains tax on stocks, crypto, and other investments. See the difference between short-term and long-term capital gains rates.
Investment Sale Information
Tax Calculation Results
Tax Breakdown
2024 Capital Gains Tax Rates
Long-Term Capital Gains
| Rate | Single | Married | Head of Household |
|---|---|---|---|
| 0% | Up to $47,025 | Up to $94,050 | Up to $63,000 |
| 15% | $47,026 - $518,900 | $94,051 - $583,750 | $63,001 - $551,350 |
| 20% | Over $518,900 | Over $583,750 | Over $551,350 |
Short-Term Capital Gains
Taxed as ordinary income at your federal income tax rate (10% - 37%).
Short-Term vs Long-Term Capital Gains
- Short-Term: Assets held 1 year or less. Taxed at ordinary income rates (10%-37%).
- Long-Term: Assets held more than 1 year. Taxed at preferential rates (0%, 15%, or 20%).
Holding investments for over a year can significantly reduce your tax burden.
Strategies to Reduce Capital Gains Tax
- Hold for 1+ years: Qualify for lower long-term rates
- Tax-loss harvesting: Offset gains with losses
- Contribute to retirement accounts: 401(k), IRA defer taxes
- Donate appreciated assets: Avoid capital gains and get deduction
- Time sales strategically: Spread gains across tax years
Net Investment Income Tax (NIIT)
An additional 3.8% tax may apply to investment income if your modified adjusted gross income exceeds:
- Single: $200,000
- Married Filing Jointly: $250,000
- Head of Household: $200,000
Frequently Asked Questions
Cost basis is typically what you paid for the asset including commissions and fees. For inherited property, it's usually the fair market value at death. For gifted property, it depends on the circumstances.
Yes, capital losses can offset capital gains. If losses exceed gains, you can deduct up to $3,000 against ordinary income per year. Excess losses carry forward to future years.
Yes, cryptocurrency is treated as property for tax purposes. Selling, trading, or using crypto to buy goods/services triggers capital gains tax. Mining and staking rewards are taxed as ordinary income.