Capital Gains Tax Rate map by state under the new tax proposal!

[Julio Gonzalez]

Here is the Capital Gains Tax Rate map by state under the new tax proposal! You must invest in the very best CPA going forward...


Most states levy their individual income tax rates on long-term capital gains and qualified dividends, though Hawaii levies lower tax rates. Nine states provide general exclusions or deductions for long-term capital gains. The average top tax rate on capital gains at the state level is about 5.2 percent, for a combined average rate of 29 percent under current law. If the top federal capital gains rate rises to 43.4 percent, this would raise the combined tax rate on long-term capital gains to 48.4 percent.