Tennessee capital gains tax calculator

Tennessee does not tax capital gains, so you only owe federal tax and, at higher incomes, the 3.8% Net Investment Income Tax.

Calculate my Tennessee tax

Your details

$
Income before capital gains. The 2026 standard deduction is subtracted automatically
$
Sale price minus your cost basis (what you originally paid)
No state income tax
2026 IRS rates — Rev. Proc. 2025-32

Your tax estimate

Estimated total tax on the gain
$7,500
on a $50,000 long-term gain
Effective rate: 15.0%
85%you keep
Net gain (you keep)$42,500
Federal CGT$7,500
Capital gain$50,000
Federal long-term rate15.0%
Federal CGT$7,500
Total federal tax$7,500
Tennessee (0.0%)$0
Total tax$7,500
Net gain after tax$42,500
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Estimate only — 2026 IRS federal rates plus approximate state top marginal rates. Consult a tax professional before acting on these numbers.

What you would pay in Tennessee

Long-term gains (assets held more than a year) for a single filer with $75,000 of other income:

GainFederal + NIITTennesseeTotal taxYou keep
$25,000$3,750$0$3,750 (15.0%)$21,250
$50,000$7,500$0$7,500 (15.0%)$42,500
$100,000$15,000$0$15,000 (15.0%)$85,000
$250,000$42,250$0$42,250 (16.9%)$207,750

Short-term vs long-term gains in Tennessee

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 $11,064 of tax if you sell short-term against $7,500 if you hold past one year, a difference of $3,564.

How we estimate Tennessee tax

Tennessee has no tax on capital gains, so the state column is zero. Moving here does not remove federal tax, and a gain on property located in another state can still be taxed by that state.

*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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