Colorado Capital Gains Tax Rates. Tax modification for net capital gains. Irs forms publications and guidance.
Short term capital gains are. The irs taxes capital gains at the federal level and some states also tax capital gains at the state level. O 1 ccr 201 2 regulation 39 22 518.
The combined rate accounts for federal state and local tax rate on capital gains income the 3 8 percent surtax on capital gains and the marginal effect of pease limitations which results in a tax rate increase of 1 18 percent.
Unlike the federal income tax colorado s state income tax does not provide couples filing jointly with expanded income tax brackets. Calculate the capital gains tax on a sale of real estate property equipment stock mutual fund or bonds. There are short term capital gains and long term capital gains and each is taxed at different rates. Irs forms publications and guidance.
