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Minnesota & Oregon Capital Gains Tax Calculator

Combines federal long-term rates with Minnesota’s 9.85% state treatment.

Minnesota, Oregon share this page. Their rules produce the same answer to within a rounding difference, so publishing separate near-identical pages would add URLs without adding information. Every figure below applies to all 2.

Minnesota capital gains estimator

Combines federal long-term rates with Minnesota’s 9.85% state treatment.

Total tax on the gain
Federal
Minnesota state
Net investment income tax
You keep

Minnesota at a glance

FigureMinnesotaSource
State capital gains rate9.85%[2]
State top marginal rate9.85%[2]
Federal long-term rates0% / 15% / 20%[6]
Net investment income tax3.8% above $200,000[6]

[2] [6] Sources

State capital gains rate — all 50 states

Minnesota highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.

State capital gains rate — all 50 states. Minnesota is 9.85%, ranked 5 of 50. The national median is 4.55%, the highest is 13.30% (California), and the lowest is 0.00% (Wyoming). CA 13.30% NY 10.90% NJ 10.75% OR 9.90% MN 9.85% MA 9.00% VT 8.75% WI 7.65% HI 7.25% ME 7.15% WA 7.00% CT 6.99% DE 6.60% MD 6.50% RI 5.99% NM 5.90% ID 5.80% VA 5.75% MT 5.65% KS 5.58% SC 5.21% AL 5.00% GA 4.99% IL 4.95% WV 4.58% NE 4.55% OK 4.50% UT 4.50% CO 4.40% MI 4.25% MS 4.00% NC 3.99% AR 3.90% IA 3.80% KY 3.50% OH 3.50% PA 3.07% LA 3.00% IN 2.95% AZ 2.50% ND 2.50% AK 0.00% FL 0.00% MO 0.00% NV 0.00% NH 0.00% SD 0.00% TN 0.00% TX 0.00% WY 0.00%

Highlighted: Minnesota, ranked 5 of 50. Median 4.55%.

Minnesota tax by gain size and other income

Total tax (federal + Minnesota + NIIT) on a long-term gain.

Capital gain$40,000 income$60,000 income$80,000 income$100,000 income$150,000 income$200,000 income$300,000 income$500,000 income
$10,000$1,233$2,485$2,485$2,485$2,485$2,865$2,865$2,865
$20,000$3,718$4,970$4,970$4,970$4,970$5,730$5,730$5,730
$30,000$6,203$7,455$7,455$7,455$7,455$8,595$8,595$8,595
$40,000$8,688$9,940$9,940$9,940$9,940$11,460$11,460$11,790
$50,000$11,173$12,425$12,425$12,425$12,425$14,325$14,325$15,155
$65,000$14,900$16,153$16,153$16,153$16,723$18,623$18,623$20,203
$80,000$18,628$19,880$19,880$19,880$21,020$22,920$22,920$25,250
$100,000$23,598$24,850$24,850$24,850$26,750$28,650$28,650$31,980
$125,000$29,810$31,063$31,253$32,013$33,913$35,813$35,813$40,393
$150,000$36,023$37,655$38,415$39,175$41,075$42,975$42,975$48,805
$200,000$49,968$51,980$52,740$53,500$55,400$57,300$57,300$65,630
$250,000$64,293$66,305$67,065$67,825$69,725$71,625$72,455$82,455
$350,000$92,943$94,955$95,715$96,475$98,375$101,105$106,105$116,105
$500,000$136,248$139,260$141,020$142,780$147,180$151,580$156,580$166,580
$650,000$186,723$189,735$191,495$193,255$197,655$202,055$207,055$217,055
$800,000$237,198$240,210$241,970$243,730$248,130$252,530$257,530$267,530
$1,000,000$304,498$307,510$309,270$311,030$315,430$319,830$324,830$334,830
$1,500,000$472,748$475,760$477,520$479,280$483,680$488,080$493,080$503,080

Worked figures for Minnesota

Minnesota values:

GainFederalStateNiitTotalEffective
$25,000$3,750$2,462$0$6,21324.85%
$50,000$7,500$4,925$0$12,42524.85%
$75,000$11,250$7,387$0$18,63824.85%
$100,000$15,000$9,850$0$24,85024.85%
$150,000$22,500$14,775$1,900$39,17526.12%
$200,000$30,000$19,700$3,800$53,50026.75%
$300,000$45,000$29,550$7,600$82,15027.38%
$500,000$78,330$49,250$15,200$142,78028.56%
$750,000$128,330$73,875$24,700$226,90530.25%
$1,000,000$178,330$98,500$34,200$311,03031.10%

How Minnesota compares nationally

On state capital gains rate, Minnesota ranks #5 of 50 at 9.85%116% above the median of 4.55%. The national range runs from 0.00% (Wyoming) to 13.30% (California).

RankStateState capital gains rate
#3New Jersey10.75%
#4Oregon9.90%
#5Minnesota9.85%
#6Massachusetts9.00%
#7Vermont8.75%

Taxed as ordinary incomes, ranked

Same rule structure as Minnesota:

StateState capital gains ratevs Minnesota
California13.30%+35.0%
New Jersey10.75%+9.1%
Minnesota9.85%
Wisconsin7.65%-22.3%
Connecticut6.99%-29.0%
Alabama5.00%-49.2%
Arkansas3.90%-60.4%

Minnesota questions, answered with Minnesota numbers

Does Minnesota tax capital gains?
Yes. Minnesota applies 9.85% to capital gains. On a $100,000 long-term gain that is $9,850 in state tax, on top of $15,000 federal.
What would I owe on a $500,000 gain in Minnesota?
About $142,780 total — $78,330 federal, $49,250 to Minnesota, and $15,200 net investment income tax. You would keep roughly $357,220, an effective rate of 28.56%.
How does Minnesota compare with a no-tax state?
Realising a $500,000 gain in Minnesota costs $49,250 more than realising it in a state with no capital gains tax, such as Florida or Texas.

Other taxed as ordinary incomes

Alabama Arkansas California Connecticut New Jersey Wisconsin

Last reviewed 2026-08-26. Minnesota figures only — verify with the relevant Minnesota agency before acting. How this is calculated.