Florida Capital Gains Tax Calculator

Florida does not levy a state personal income tax, so capital gains owe no Florida state tax. Only federal capital gains tax applies.

Florida state capital gains

No state tax

Florida levies no state personal income tax, so capital gains are taxed only at the federal level — 0% / 15% / 20% for long-term gains, ordinary IRS rates for short-term.

How Florida taxes capital gains

Florida has no state personal income tax, so neither long-term nor short-term capital gains are taxed at the state level. Florida residents pay only federal capital gains tax — short-term at ordinary IRS rates, long-term at the preferential 0% / 15% / 20% schedule, plus the 3.8% Net Investment Income Tax above income thresholds. The absence of state capital gains tax is a meaningful draw for retirees and investors relocating from high-tax states like California, New York, or New Jersey.

Federal capital gains calculator

The calculator below estimates federal tax on your gain. That figure is the full capital gains tax bill for a Florida resident.

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Does not include the 3.8% NIIT, AMT, or state capital gains tax.

Estimated federal income tax

$18,024

On ordinary income

$14,274

On long-term gains

$3,750

Total taxable income

$113,000

Effective rate (all income)

14.1%

Ordinary income bracket slices

RateTaxable in sliceTax
10%$11,925$1,193
12%$36,550$4,386
22%$39,525$8,696

Long-term gain is stacked after ordinary taxable income for 0% / 15% / 20% rates (2025 IRS thresholds).

Frequently Asked Questions

Does Florida tax capital gains?+
No. Florida has no state personal income tax, so capital gains are not taxed at the state level. You owe only federal capital gains tax.
What federal rates apply?+
Long-term gains (assets held more than 1 year) are taxed at 0%, 15%, or 20% depending on your taxable income and filing status. Short-term gains (held 1 year or less) are taxed at ordinary federal rates (10% to 37%). High earners may owe an additional 3.8% Net Investment Income Tax.
Do I need to file a Florida state return?+
Florida does not collect personal income tax, so most residents have no state-level filing obligation related to capital gains. You still file a federal Form 1040 (with Schedule D and Form 8949 for the gain itself).
Is it worth moving to a no-tax state to realize a gain?+
For large gains the savings can be significant — but state residency rules are strict and state tax agencies actively challenge "convenience moves." Most states require you to have genuinely established domicile (driver's license, voter registration, primary home, dependents, time spent) before realizing the gain. Talk to a CPA before relocating purely for a single transaction.
Does this include the 3.8% NIIT?+
Yes, the federal calculator notes do not include the 3.8% Net Investment Income Tax. For high earners ($200k single / $250k MFJ modified AGI), add 3.8% to the calculator's long-term tax figure for a complete federal estimate.

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Disclaimer: Educational estimates only, not tax advice. The Net Investment Income Tax (3.8%), AMT, and itemized deductions can change the result. Consult a CPA before relying on these figures.

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