Calculate your federal and Florida capital gains tax liability
Calculate Your
Florida Capital Gains Tax
Florida has no state income tax, therefore no capital gains tax.
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Florida Capital Gains Tax Highlights
Enter Your Investment Details
Calculate your capital gains tax for Florida
📊 Enter your annual taxable income before including this capital gain. This determines your capital gains tax bracket.
📊 Choose your investment holding period
Calculator optimized for Florida tax rates
Tax Calculation Results
How Florida Taxes Capital Gains
Florida has no state income tax, therefore no capital gains tax.
2025 Tax Brackets
Florida Tax Details
Tax Rate Structure
Florida has no state income tax, so capital gains are only subject to federal taxes.
Key Requirements
Florida Tax Strategies
- • Consider establishing residency before realizing large gains
- • No state quarterly estimated tax payments required
- • Focus on federal tax planning strategies
• Consult with Florida tax professional for complex situations
Related Tax Services
Real Estate in Florida
Real estate capital gains in Florida are subject to both federal and state tax considerations:
No State Real Estate Capital Gains Tax
Florida does not tax capital gains, making it highly attractive for real estate investors. Only federal taxes apply to your real estate transactions. Compare with high-tax states like California or New York.
Primary Residence
Federal Rules
Florida State Rules
✓ No state tax on any gain
Full federal exclusion benefit preserved
Additional Requirements:
- • Only federal exemption applies - no state capital gains tax
Investment Property
Tax Deferral Strategies
1031 Like-Kind Exchanges
Defer federal taxes on investment property exchanges
Transfer Costs
Transfer Tax
Available Exemptions:
- • First $100 of value is exempt
- • Government transfers
- • Divorce transfers
- • Trust transfers
Recording Fees
Additional Fees:
- • Documentary stamp tax on mortgages: $0.35 per $100
- • Nonrecurring intangible tax on mortgages: 0.2% (2 mills)
- • Indexing fee: $1 per additional name over four
Special Deductions & Notes:
- • No state taxes - only federal depreciation applies
Investment & Tax Services
Property Tax Exemptions
Homestead
$50K
Maximum exemption
Senior (65+)
$50K
Additional exemption
Florida Real Estate Specifics
• Save Our Homes cap limits annual assessment increases to 3% or CPI
• Homestead exemption up to $50,000 on primary residence
• Additional $50,000 exemption for homes valued over $75,000
• Portability allows transferring Save Our Homes benefit within state
Real Estate & Investment Services
Florida Filing Requirements
Due Dates
Required Forms
- • No state forms required
- • Federal Form 8949 & Schedule D
Payment Options
- • Federal taxes only
- • IRS Direct Pay
Tax Professional Services
Compare Florida to Other States
Tax Calculation Results
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