Nevada Capital Gains Tax Calculator

No. Nevada does not tax capital gains at the state level. Residents generally only owe federal capital gains tax.

For Nevada residents, the maximum combined rate on long-term capital gains is 23.8% — the 20% federal rate plus the 3.8% NIIT for high earners. There is no state addition.

For 2026, the federal long-term capital gains tax rates are 0%, 15%, and 20%, depending on your taxable income and filing status. Single filers pay 0% on income up to $49,450, 15% from $49,451 to $545,500, and 20% above $545,500. Married filing jointly pays 0% up to $98,900 and 20% above $613,700. These rates apply to assets held more than 12 months.

Short-term capital gains apply to assets held 12 months or less and are taxed at ordinary income tax rates (10%–37%). Long-term capital gains apply to assets held more than 12 months and receive preferential federal rates of 0%, 15%, or 20%. The one-year holding threshold is one of the most important distinctions in US tax law.

The NIIT is a 3.8% federal surtax on net investment income — including capital gains, dividends, and interest — for taxpayers whose Modified Adjusted Gross Income (MAGI) exceeds $200,000 for single filers or $250,000 for married filing jointly. These thresholds have not been adjusted for inflation since 2013, meaning more taxpayers are subject to the NIIT each year.

Nine states have no state-level capital gains tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington (for gains under $262,000), and Wyoming. Note that New Hampshire repealed its Interest and Dividends Tax effective January 1, 2025, making it fully tax-free on capital gains.