Tax News & Updates

Maine capital gains tax can be significant for many taxpayers because the state taxes all realized capital gains as ordinary income at […]

Kentucky capital gains tax is applied through the state’s flat income tax system, meaning all realized capital gains are taxed as ordinary […]

Kansas capital gains tax rules follow a straightforward approach: the state taxes all realized capital gains as ordinary income at Kansas’s progressive […]

Iowa’s capital gains tax in 2025 is characterized by unusually broad capital gains exemptions. While federal long-term and short-term capital gains rules […]

Indiana taxes capital gains as ordinary income under its statewide flat income tax system. There is no separate capital gains rate, no […]

Illinois taxes all capital gains as ordinary income at a flat statewide income tax rate. Because Illinois does not offer preferential treatment […]

Louisiana capital gains tax follows the state’s revised income tax structure, which shifts to a flat 3% income tax rate for 2025. […]

Idaho taxes capital gains as ordinary income at its statewide flat income tax rate. When combined with federal long-term and short-term capital […]

Hawaii applies a distinct capital gains tax rate that is lower than its highest ordinary income tax brackets. While federal long-term and […]

Georgia taxes all capital gains as ordinary income under its flat statewide income tax system. Beginning in the 2025 tax year, the […]

Delaware taxes capital gains as ordinary income, which means all realized gains are subject to the state’s progressive income tax system. With […]

Connecticut taxes capital gains at some of the highest effective rates in the country because the state treats all capital gains as […]