Wisconsin Capital Gains Tax Calculator
Calculate your 2026 capital gains tax in Wisconsin. Wisconsin taxes capital gains at rates up to 7.65%, plus federal taxes.
Original purchase price
Renovations, additions — added to your basis
Agent commissions, closing costs, title & transfer fees
Total Tax
$44,510
22.3% 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
WI State
$10,710
Effective Rate
22.3%
Wisconsin Capital Gains Tax
Wisconsin taxes capital gains as ordinary income at rates up to 7.65% (2026 taxable income over $332,720 single or $443,630 joint), but excludes 30% of net long-term gain, or 60% for farm assets. After the 30% exclusion, the top rate on long-term gains works out to about 5.36%. This calculator applies the 7.65% top rate to the gain left after the exclusion, so it overstates the tax for most filers.
Long-term: Taxed as ordinary income (up to 7.65%), less a 30% exclusion (60% for farm assets)
Short-term: Taxed as ordinary income (up to 7.65%)
NIIT Applied
The 3.8% Net Investment Income Tax applies because your income exceeds $200,000.
Wisconsin 30% long-term gain subtraction applied
Applies Wisconsin's 30% exclusion of net capital gain from assets held more than one year. Farm assets qualify for 60%, which this calculator does not apply.
Wisconsin Capital Gains Tax Details
Tax Treatment
Tax Type
Taxed as ordinary income
Maximum Rate
7.65%
Available Exemptions
- Federal home-sale exclusion ($250K single / $500K married filing jointly) flows through to the Wisconsin return
- 30% exclusion of net capital gain from assets held more than one year; 60% for farm assets (Schedule WD)
- Long-term gain reinvested in a qualified Wisconsin business can be deferred (Schedule CG)
- Selling costs and capital improvements reduce the taxable gain
Wisconsin 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
- Wisconsin DOR — Schedule WD Capital Gains Instructions
Wisconsin state capital gains rules
This calculator provides estimates. Consult a tax professional for advice specific to your situation in Wisconsin.
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