10 States With the Lowest to Highest Capital Gains Tax Rate

1. California:

Capital Gains Tax as of 2023: 13.3%

In California, capital gains are generally taxed as ordinary income, subject to the state’s income tax rates. This means that the tax rate can be as high as 13.3%, depending upon overall income and tax bracket. For example, there is an additional 1% surtax on incomes above $599,013.

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