Real estate capital gain tax calculator calculates capital gain tax on the sale of real estate rental property.
Capital Gains Tax on Real Estate
Filing Status
Single
Married Filing Jointly
Married Filing Seperately
Head of Household
Gross Pay (annually)
$
Deduction
Standard Deduction
Itemized Deduction
$
Property Sale Price
$
Closing Cost When Sell Property
$
Home Improvement Cost
$
Depreciation Taken
$
Property Purchase Price
$
Closing Cost When Purchase Property
$
Holding Period
More than a Year (Long Term)
Less than a Year (Short Term)
Capital Gain Tax
Capital Gain Tax
Capital Gain
Capital Gains Tax Rate 2021 (Long Term)
Tax Rate
Single
Married, filing jointly
0%
$0-$40,400
$0-$80,800
15%
$40,400-$445,850
$80,800-$501,600
20%
$445,850 and up
$501,600 and up
Capital Gains Tax Rate 2021 (Long Term)
Tax Rate
Married, filing seperately
Head of Household
0%
$0-$40,400
$0-$54,100
15%
$40,400-$250,800
$54,100-$473,750
20%
$250,800 and up
$473,750 and up
Federal Income Tax Brackets 2021
Tax Rate
Single
Married, filing jointly
10%
$0-$9,950
$0-$19,900
12%
$9,950-$40,525
$19,900-$81,050
22%
$40,525-$86,375
$81,050-$172,750
24%
$86,375-$164,925
$172,750-$329,850
32%
$164,925-$209,425
$329,850-$418,850
35%
$209,425-$523,600
$418,850-$628,300
37%
over $523,600
over $628,300
Federal Income Tax Brackets 2021
Tax Rate
Married Filing Separately
Head of Household
10%
$0-$9,950
$0-$14,200
12%
$9,950-$40,525
$14,200-$54,200
22%
$40,525-$86,375
$54,200-$86,350
24%
$86,375-$164,925
$86,350-$164,900
32%
$164,925-$209,425
$164,900-$209,400
35%
$209,425-$314,150
$209,400-$523,600
37%
over $314,150
over $523,600
The real estate capital gain tax calculator calculates real estate capital gain tax
owed to IRS if you sell your investment property, the state and city might also tax your capital gain tax.
If you sell your primary residence property, you may qualify for a $250,000(a single filer) or $500,000 (married file jointly)
deduction from your gain.
When possessing your property for less than a year, it is subject to ordinary income tax. When possessing your property for more than a year that is long-term,
it is subject to a maximum 20% tax rate. Capital gain is not subject to social security and medicare tax.
The capital gain tax also qualifies for standard deduction $12,550 for a single filer and $25,100 for married file jointly.
For tax saving purpose, have a investment property more than a year saved a lot tax.
For example, if your annual gross income tax is $85,000 as a single filer, with a real estate capital gain of $200,000,
long-term capital gains tax is $37,500 while short-term capital gains tax is $75,064, that is $37,564 saved.
