Florida

Florida Capital Gains Tax Calculator

Calculate your capital gains tax liability in Florida. Florida has no state income tax, so you only pay federal taxes on capital gains.

Sale Details
Florida Tax Estimate

Total Tax

$33,800

16.9% effective rate

Capital Gain

$200,000

Tax Breakdown

Sale Price$500,000
Cost Basis-$300,000
Capital Gain$200,000
Federal Tax-$33,800
↳ Includes NIIT (3.8%)$3,800
Florida State Tax$0
Net After Tax$466,200

Federal

$33,800

FL State

$0

Effective Rate

16.9%

Florida Capital Gains Tax

Florida has no state income tax, so capital gains are not taxed at the state level.

Long-term: Not taxed

Short-term: Not taxed

No State Tax!

Florida has no state income tax, saving you $10,000 or more compared to states with 5%+ tax rates.

NIIT Applied

The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.

Florida Capital Gains Tax Details

Tax Treatment

  • Tax Type

    No state tax

  • Maximum Rate

    0%

Available Exemptions

  • All capital gains exempt (no state income tax)

Florida Capital Gains Tax FAQ

Official References

This calculator provides estimates. Consult a tax professional for advice specific to your situation in Florida.

Track Your Florida Investment Taxes

Jupid AI Accountant helps Florida residents track investment income and calculate capital gains taxes automatically.