District of Columbia Capital Gains Tax Calculator

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General information only. Not tax advice.

Tax Disclaimer: General information only. Not tax advice.

This calculator provides general tax information for educational purposes and is not tax advice. Tax laws change and vary by jurisdiction and individual circumstances. Consult a qualified tax professional or CPA for advice on your specific situation.

Frequently Asked Questions

Does District of Columbia tax capital gains?

Yes - District of Columbia taxes capital gains as ordinary income at up to 10.75%.

What's the difference between short and long-term gains?

Assets held over a year get preferential long-term federal rates (0/15/20%); shorter holds are taxed as ordinary income.

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Capital gains tax in District of Columbia

Federally, long-term gains are taxed at 0%, 15%, or 20% depending on income, plus a possible 3.8% net investment income tax. District of Columbia then taxes the same gains as ordinary income at up to 10.75%.

Short-term gains (assets held under a year) are taxed as ordinary income at both levels - usually the most expensive outcome.

About taxes and housing in District of Columbia

The District of Columbia imposes a graduated income tax with a top marginal rate near 10.75%.

The District has a low effective property tax rate near 0.57%, but median home values are among the highest in the country around $670,000.

The District of Columbia's economy is dominated by the federal government, professional services, and the many associations and contractors that support it.

District of Columbia Capital Gains Tax Calculator

Frequently Asked Questions

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