Minnesota Capital Gains Tax Calculator

2026 rules

Enter your sale to see the federal tax, Minnesota tax and what you keep.

Your numbers

Purchase price (cost basis)

Sale price

Held for

Filing status

Other income for the year (AGI before the sale)

Result

Total tax on the sale$15,630

Gain$70,000
Federal: taxed at 0% / 15% / 20%0 / 70,000 / 0
Federal long-term capital gains tax-$10,500
Net investment income tax$0
Minnesota tax on the gain-$5,130
Total tax-$15,630
Minnesota share of the gain7.33%
Combined rate on the gain22.3%
You keep from the sale$104,370

Minnesota at a glance

How it's taxed: Minnesota adds a 1% surtax on net investment income over $1 million.
State rates: Minnesota taxes income at 4 rates from 5.35% to 9.85%.

Questions

Does Minnesota tax capital gains?

Minnesota adds a 1% surtax on net investment income over $1 million.

How are long-term gains taxed federally in 2026?

At 0%, 15% or 20%, depending on your taxable income. For a single filer, the 0% rate applies up to $49,450 of taxable income and 20% above $545,500; the 3.8% NIIT applies above $200,000 of MAGI.

Do I owe Minnesota tax if I sell after moving away?

States tax gains on stocks and funds based on where you live when you sell. Gains on real estate are taxed by the state where the property is, even if you live elsewhere.