Michigan capital gains tax calculator
Michigan taxes capital gains on top of federal tax: 4.25% flat rate.
Calculate my Michigan taxYour details
Your tax estimate
| Capital gain | $50,000 |
| Federal long-term rate | 15.0% |
| Federal CGT | $7,500 |
| Total federal tax | $7,500 |
| Michigan (4.3%) | $2,125 |
| Total tax | $9,625 |
| Net gain after tax | $40,375 |
What you would pay in Michigan
Long-term gains (assets held more than a year) for a single filer with $75,000 of other income:
| Gain | Federal + NIIT | Michigan | Total tax | You keep |
|---|---|---|---|---|
| $25,000 | $3,750 | $1,063 | $4,813 (19.3%) | $20,188 |
| $50,000 | $7,500 | $2,125 | $9,625 (19.3%) | $40,375 |
| $100,000 | $15,000 | $4,250 | $19,250 (19.3%) | $80,750 |
| $250,000 | $42,250 | $10,625 | $52,875 (21.1%) | $197,125 |
Short-term vs long-term gains in Michigan
Sell within a year and the federal government taxes the gain as ordinary income. On a $50,000 gain with the same income, that means $13,189 of tax if you sell short-term against $9,625 if you hold past one year, a difference of $3,564.
How we estimate Michigan tax
4.25% flat rate. Where a state taxes gains as ordinary income on a sliding scale, the calculator applies the rate shown above to the whole gain, so for most people it is an upper estimate. Local and city income taxes are not included.
*Examples use 2026 IRS brackets, the standard deduction and the 3.8% Net Investment Income Tax. Change your filing status, income and holding period in the calculator above for your own figure.
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