Florida Capital Gains Tax

Florida levies no state income tax, so capital gains are not taxed at the state level in Florida. Whether you sell shares, a second property or other investments, there is no Florida state capital gains tax to pay. Federal capital gains tax still applies: the IRS taxes long-term gains (assets held over a year) at preferential rates and short-term gains at ordinary income rates. This page confirms, from the Florida Department of Revenue, that Florida has no state income tax and therefore no state capital gains tax, and links the federal capital gains calculator and the Florida sales and property tax pages so you can see your full tax position.

Florida has no state income tax, so there is no Florida capital gains tax. Federal capital gains tax still applies.

Source: Florida Department of Revenue, as at Jun 12, 2026.

How Florida taxes capital gains

Florida has no state income tax, so capital gains are not taxed at the state level.

Florida capital gains tax: frequently asked questions

Does Florida tax capital gains?

No. Florida levies no state income tax, so capital gains are not taxed at the state level. Federal capital gains tax still applies; see the IRS for federal long-term and short-term rates.

Official sources

Reviewed by the CalculatorHub team, edited by James Graham, 25 June 2026. See our methodology. General information, not financial or tax advice. State-specific exclusions, if any, are set by the Florida Department of Revenue.