10 States With the Lowest to Highest Capital Gains Tax Rate

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5. Minnesota:

Capital Gains Tax as of 2023: 9.85%

Minnesota includes all net capital gains income in taxable income with the same tax rates as applied to other income. The state’s tax brackets range from 5.35% for a single filer earning below $27,230 to 9.85% for one earning at least $171,221.

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