Tennessee Capital Gains Tax Calculator
Calculate your 2026 capital gains tax in Tennessee. Tennessee does not tax capital gains, so you only pay federal taxes on them.
Original purchase price
Renovations, additions — added to your basis
Agent commissions, closing costs, title & transfer fees
Total Tax
$33,800
16.9% effective rate
Capital Gain
$200,000
See the tax write-offs you're missing
Jupid tracks your investment and business taxes year-round — no April surprises.
Tax Breakdown
Sale price minus selling costs and all taxes (before any mortgage payoff).
Federal
$33,800
TN State
$0
Effective Rate
16.9%
Tennessee Capital Gains Tax
Tennessee has no state income tax, so capital gains are not taxed at the state level. The Hall tax on interest and dividends was repealed for tax years starting January 1, 2021.
Long-term: Not taxed
Short-term: Not taxed
No State Tax!
Tennessee does not tax capital gains, 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.
Tennessee Capital Gains Tax Details
Tax Treatment
Tax Type
No state tax
Maximum Rate
0%
Available Exemptions
- All capital gains exempt (no state income tax)
Tennessee Capital Gains Tax FAQ
Official References
- IRS Topic 409: Capital Gains and Losses
Federal capital gains tax guidance
- IRS Publication 523: Selling Your Home
$250K / $500K home-sale exclusion, basis adjustments, and selling expenses
This calculator provides estimates. Consult a tax professional for advice specific to your situation in Tennessee.
Track Your Tennessee Investment Taxes
Jupid AI Accountant helps Tennessee residents track investment income and calculate capital gains taxes automatically.