Calculate your federal and Texas capital gains tax liability
Calculate Your
Texas Capital Gains Tax
Texas has no state income tax, therefore no capital gains tax.
Advertisement Space
Texas Capital Gains Tax Highlights
Enter Your Investment Details
Calculate your capital gains tax for Texas
📊 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 Texas tax rates
Tax Calculation Results
How Texas Taxes Capital Gains
Texas has no state income tax, therefore no capital gains tax.
2025 Tax Brackets
Texas Tax Details
Tax Rate Structure
Texas has no state income tax, so capital gains are only subject to federal taxes.
Key Requirements
Texas Tax Strategies
- • Consider establishing residency before realizing large gains
- • No state quarterly estimated tax payments required
- • Focus on federal tax planning strategies
• Consult with Texas tax professional for complex situations
Related Tax Services
Real Estate in Texas
Real estate capital gains in Texas are subject to both federal and state tax considerations:
No State Real Estate Capital Gains Tax
Texas 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
Texas 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:
- • No state transfer tax
Recording Fees
Additional Fees:
- • Recording fees set at county level
Special Deductions & Notes:
- • No state taxes - only federal depreciation applies
Investment & Tax Services
Property Tax Exemptions
Homestead
$100K
Maximum exemption
Senior (65+)
$10K
Additional exemption
Veteran
$12K
Disabled veteran exemption
Texas Real Estate Specifics
• Among highest property tax rates in US (average 1.63%)
• No state income tax but high property taxes
• Agricultural land receives special valuation
• Property taxes fund local services and schools
• Homestead exemption protects unlimited value of home
Real Estate & Investment Services
Texas 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 Texas to Other States
Tax Calculation Results
Advertisement
Advertisement Space