Texas Capital Gains Tax Calculator
Texas does not levy a state personal income tax, so capital gains owe no Texas state tax. Federal capital gains tax still applies (0% / 15% / 20% long-term, ordinary rates for short-term).
Texas state capital gains
No state tax
Texas 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 Texas taxes capital gains
Texas has no state personal income tax at all, which means capital gains — long- or short-term — are not taxed at the state level. The only capital gains tax a Texas resident owes is federal: ordinary brackets for short-term gains, the preferential 0% / 15% / 20% long-term schedule, plus the 3.8% Net Investment Income Tax for high earners. This makes Texas one of the most favorable US states for realizing investment gains, alongside Florida, Nevada, Wyoming, and a handful of others.
Federal capital gains calculator
The calculator below estimates federal tax on your gain. That figure is the full capital gains tax bill for a Texas resident.
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
| Rate | Taxable in slice | Tax |
|---|---|---|
| 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).