Texas Capital Gains Tax
Texas levies no state income tax, so capital gains are not taxed at the state level in Texas. Whether you sell shares, a second property or other investments, there is no Texas 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 Texas Comptroller of Public Accounts, that Texas has no state income tax and therefore no state capital gains tax, and links the federal capital gains calculator and the Texas sales and property tax pages so you can see your full tax position.
Texas has no state income tax, so there is no Texas capital gains tax. Federal capital gains tax still applies.
How Texas taxes capital gains
Texas has no state income tax, so capital gains are not taxed at the state level.
Texas capital gains tax: frequently asked questions
Does Texas tax capital gains?
No. Texas 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
- Texas no income tax confirmation: Texas Comptroller of Public Accounts, as at Jun 12, 2026.
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 Texas Comptroller of Public Accounts.