OhMyCalc

Capital Gains Tax Calculator

Calculate capital gains and tax owed on the sale of an asset. Choose short-term (20%) or long-term (13%) capital gains tax rate based on holding period.

How to Use the Capital Gains Tax Calculator

  1. Enter the purchase price of the asset.
  2. Enter the sale price.
  3. Select the tax rate (short-term 20% or long-term 13%).
  4. Click Calculate to see capital gain and tax owed.

Casi d'Uso

Formula

Gain = sale price − purchase price. Tax = gain × tax rate% (if gain > 0).

Domande Frequenti

What is capital gains tax?
Capital gains tax is levied on the profit made from selling an asset such as stocks, real estate, or other investments.
What is the difference between short and long-term rates?
Short-term gains (held under 1 year) are taxed at higher rates. Long-term gains benefit from reduced rates to encourage long-term investment.
Can capital losses offset gains?
Yes, capital losses from other sales can be used to offset capital gains, reducing your overall tax liability.