Capital Gains Tax Calculator
Estimate the taxes on the profits from selling your assets. This calculator is for informational purposes only and does not constitute tax advice.
Tax Estimate
Understanding Capital Gains Tax
Capital gains tax is a tax on the profit you make from selling an asset that has increased in value. The tax is only incurred when you sell the asset. This calculator helps you estimate this tax, which can be a significant factor in your investment decisions.
Frequently Asked Questions
What is the difference between short-term and long-term capital gains?
Short-term capital gains are profits from selling an asset you've held for one year or less. They are typically taxed at your ordinary income tax rate. Long-term capital gains are from assets held for more than a year and are taxed at lower rates.
Does this calculator account for state taxes?
No, this calculator only estimates the federal capital gains tax. Many states also have their own capital gains taxes, so your total tax liability may be higher.