Real Estate Capital Gain Tax Calculator

Real estate capital gain tax calculator is a financial calculator to calculate the capital gain tax on the sale of real estate rental property or the home you live in.

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.