How does Arizona tax capital gains?

Unlike the federal government, Arizona makes no distinction between short-term and long-term capital gains – or even between capital gains and ordinary income. Instead, it taxes all capital gains as ordinary income, using the same rates and brackets as the regular state income tax.

What is the Arizona tax calculator?

The Arizona tax calculator is updated for the 2024/25 tax year. The AZ Tax Calculator calculates Federal Taxes (where applicable), Medicare, Pensions Plans (FICA Etc.) allow for single, joint and head of household filing in AZS. The Arizona income tax calculator is designed to provide a salary example with salary deductions made in Arizona.

What is the tax rate on capital gains?

The rate goes up to 15 percent on capital gains if you make between $47,026 and $518,900. Above that income bracket, the rate jumps to 20 percent. These capital gains may also be subject to the net investment income tax (NIIT), an additional 3.8 percent tax, if your income is above certain levels.