Florida Capital Gains Tax Calculator
Calculate capital gains tax in Florida. State rate: 0%. See federal + state combined tax on stocks, property, and investments.
How This Calculator Works
Calculation methodology and assumptions
Capital gains tax is applied to the profit from selling an asset. Federal long-term rates (held 12+ months) are 0%, 15%, or 20% depending on income. Short-term gains are taxed as ordinary income. Florida's state capital gains tax rate is 0%. As a no-income-tax state, Florida does not impose an additional state capital gains tax. The Net Investment Income Tax (NIIT) of 3.8% may also apply for high earners.
Key State Information
Florida state capital gains rate: 0%. Florida has no state capital gains tax, making it one of the most tax-friendly states for investors. Combined with federal taxes, Florida investors may pay up to 23.8% on long-term gains for top earners.
Frequently Asked Questions
What is the capital gains tax rate in Florida?
Florida's state capital gains tax rate is 0%. Federal long-term rates are 0%, 15%, or 20% depending on income, plus a potential 3.8% NIIT. Total combined rate can be up to 23.8%.
Does Florida tax capital gains differently than income?
Florida has no state income tax, so capital gains are not taxed at the state level.
How can I reduce capital gains tax?
Hold assets for at least 12 months for lower long-term rates. Use tax-loss harvesting to offset gains. Consider Qualified Opportunity Zones, 1031 exchanges (real estate), and maximizing retirement account contributions.