Calculate your federal and Tennessee capital gains tax liability
Calculate Your
Tennessee Capital Gains Tax
Tennessee has no state income tax, therefore no capital gains tax.
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Tennessee Capital Gains Tax Highlights
Enter Your Investment Details
Calculate your capital gains tax for Tennessee
📊 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 Tennessee tax rates
Tax Calculation Results
How Tennessee Taxes Capital Gains
Tennessee has no state income tax, therefore no capital gains tax.
2025 Tax Brackets
Tennessee Tax Details
Tax Rate Structure
Tennessee has no state income tax, so capital gains are only subject to federal taxes.
Key Requirements
Tennessee Tax Strategies
- • Consider establishing residency before realizing large gains
- • No state quarterly estimated tax payments required
- • Focus on federal tax planning strategies
• Consult with Tennessee tax professional for complex situations
Related Tax Services
Real Estate in Tennessee
Real estate capital gains in Tennessee are subject to both federal and state tax considerations:
No State Real Estate Capital Gains Tax
Tennessee 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
Tennessee State Rules
✓ No state tax on any gain
Full federal exclusion benefit preserved
Additional Requirements:
- • Only federal exemption applies as there is 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:
- • Transfers between spouses
- • Transfers to secure a debt.
Recording Fees
Additional Fees:
- • Fees are set at the county level.
Special Deductions & Notes:
- • Only federal depreciation rules apply.
Investment & Tax Services
Property Tax Exemptions
Homestead
$5K
Maximum exemption
Senior (65+)
$0K
Additional exemption
Veteran
$100K
Disabled veteran exemption
Tennessee Real Estate Specifics
Mortgage Tax: $0.115 per $100 of indebtedness
• Tennessee levies a significant Realty Transfer Tax of 0.37%, paid by the buyer.
• An additional Mortgage Tax is due when financing is involved.
• Property tax relief for seniors and veterans is provided through reimbursement programs, not upfront exemptions.
Real Estate & Investment Services
Tennessee 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
Tax Calculation Results
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