Virginia Capital Gains Tax Calculator
Calculate your 2026 capital gains tax in Virginia. Virginia taxes capital gains at rates up to 5.75%, plus federal taxes.
Original purchase price
Renovations, additions — added to your basis
Agent commissions, closing costs, title & transfer fees
Total Tax
$45,300
22.7% 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
VA State
$11,500
Effective Rate
22.7%
Virginia Capital Gains Tax
Virginia taxes capital gains as ordinary income at rates up to 5.75%, which applies to taxable income over $17,000 and is unchanged for 2026. This calculator applies the 5.75% rate to the whole gain; because the top bracket starts at $17,000, that overstates the tax only slightly for most filers.
Long-term: Taxed as ordinary income (up to 5.75%)
Short-term: Taxed as ordinary income (up to 5.75%)
NIIT Applied
The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.
Virginia Capital Gains Tax Details
Tax Treatment
Tax Type
Taxed as ordinary income
Maximum Rate
5.75%
Available Exemptions
- Federal home-sale exclusion ($250K single / $500K married filing jointly) flows through to the Virginia return
- Subtraction for long-term gains on investments made April 1, 2010 to June 30, 2020 in qualified small Virginia businesses (under $3 million in revenue)
- Selling costs and capital improvements reduce the taxable gain
Virginia 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
- Code of Virginia § 58.1-320 — Individual Income Tax Rates
Virginia state capital gains rules
This calculator provides estimates. Consult a tax professional for advice specific to your situation in Virginia.
Track Your Virginia Investment Taxes
Jupid AI Accountant helps Virginia residents track investment income and calculate capital gains taxes automatically.