West Virginia Capital Gains Tax Calculator
Calculate your 2026 capital gains tax in West Virginia. West Virginia taxes capital gains at rates up to 4.58%, plus federal taxes.
Original purchase price
Renovations, additions — added to your basis
Agent commissions, closing costs, title & transfer fees
Total Tax
$42,960
21.5% effective rate
Capital Gain
$200,000
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Tax Breakdown
Sale price minus selling costs and all taxes (before any mortgage payoff).
Federal
$33,800
WV State
$9,160
Effective Rate
21.5%
West Virginia Capital Gains Tax
West Virginia taxes capital gains as ordinary income at rates up to 4.58%, which applies to taxable income over $60,000 ($30,000 married filing separately). S.B. 392 cut every rate by 5% for 2026, retroactive to January 1. This calculator applies the 4.58% top rate to the whole gain, so it overstates the tax for lower-income filers.
Long-term: Taxed as ordinary income (up to 4.58%)
Short-term: Taxed as ordinary income (up to 4.58%)
NIIT Applied
The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.
West Virginia Capital Gains Tax Details
Tax Treatment
Tax Type
Taxed as ordinary income
Maximum Rate
4.58%
Available Exemptions
- Federal home-sale exclusion ($250K single / $500K married filing jointly) flows through to the West Virginia return
- Selling costs and capital improvements reduce the taxable gain
West 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
- West Virginia Tax Division — 2026 Income Tax Rate Cut
West Virginia state capital gains rules
This calculator provides estimates. Consult a tax professional for advice specific to your situation in West Virginia.
Track Your West Virginia Investment Taxes
Jupid AI Accountant helps West Virginia residents track investment income and calculate capital gains taxes automatically.