New Mexico Capital Gains Tax Calculator
2026 rulesEnter your sale to see the federal tax, New Mexico tax and what you keep.
Your numbers
Result
Total tax on the sale
- 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
- New Mexico tax on the gain-$3,308
- Total tax-$13,808
- New Mexico share of the gain4.73%
- Combined rate on the gain19.7%
- You keep from the sale$106,193
New Mexico at a glance
- How it's taxed
- New Mexico allows a capital gains deduction of up to $2,500; selling a New Mexico business can qualify for 40% instead, up to $1 million.
- State rates
- New Mexico taxes income at 6 rates from 1.50% to 5.90%.
Questions
Does New Mexico tax capital gains?
New Mexico allows a capital gains deduction of up to $2,500; selling a New Mexico business can qualify for 40% instead, up to $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 New Mexico 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.