Capital Gains Tax in Nevada (2026)
Good news: Nevada has no state income tax, so it does not tax capital gains at all. Your Nevada state tax is $0 — you owe federal only (0/15/20% plus the 3.8% NIIT). Run the federal-only number below.
Reviewed & updated · 2026 tax-year figures · Federal only (Nevada: $0 state)
Nevada does not tax capital gains. There is no Nevada personal income tax, so there is nothing at the state level to tax a gain — your Nevada state capital gains tax is $0, whether the gain is short-term or long-term. You still owe federal capital gains tax — 0/15/20% on long-term gains under IRC §1(h), plus the 3.8% NIIT (§1411) for high earners — but nothing to the State of Nevada. Compared with a state like California (up to 13.3%), a Nevada resident can keep thousands more on the same sale.
Net proceeds $185,000$15,000
Show our work federal only, step by step
Estimates only, for the 2026 tax year. Not tax advice. Nevada imposes no state income tax, so the state figure is $0 with no thresholds to index; the federal figures used here are marked est. as projected 2026 amounts, owner-verifiable against the final IRS release.
Does Nevada tax capital gains?
No. Nevada is one of the handful of states with no personal income tax at all, and a capital gain is simply a form of income. With no income tax on the books, there is no mechanism — and no rate — for the state to tax a gain. Whether you sell stock you held for a week or a home you held for a decade, Nevada collects $0 on the gain. That is true for short-term and long-term gains alike, because the distinction only matters federally.
This is not an exemption buried in the tax code; it is structural. Nevada funds its government through gaming taxes, a broad sales and use tax, and business levies rather than any tax on individual income. For an individual selling an appreciated asset, the only capital gains tax that applies is the federal one.
Why doesn't Nevada tax capital gains?
Nevada has never levied a personal income tax, and Article 10 of the Nevada Constitution has long been read to foreclose one. With revenue flowing from the gaming and tourism industries, the state has no income tax on the books — and therefore no way to tax a capital gain, short-term or long-term. Nevada collects $0 on the gain. Nevada Department of Taxation — no personal income tax.
Because capital gains ride on the income-tax system, no income tax means no capital gains tax. There is no separate "capital gains" line for the state to fill in.
You still owe federal capital gains tax
Living in Nevada removes the state tax, not the federal one. The IRS taxes a capital gain no matter which state you live in. For a long-term gain (asset held more than a year), you owe:
- Federal: 0%, 15%, or 20% depending on where the gain stacks on your taxable income, under IRC §1(h);
- Federal NIIT: an extra 3.8% on net investment income once MAGI passes $200,000 (single) / $250,000 (joint), under IRC §1411; and
- Nevada: $0 — no state income tax.
A short-term gain (held one year or less) is worse federally, because the federal side taxes it as ordinary income (up to 37%) instead of at the 0/15/20% long-term rate. But even then, Nevada adds nothing. The calculator above computes the federal layers and shows the exact bands used.
The one caveat people ask about: the federal tax on a home, stock, or crypto sale
The most common Nevada question is some version of "I sold my house / my Tesla stock / my Bitcoin — do I owe capital gains tax?" The honest answer is: not to Nevada, but yes to the IRS. Each of those is a federal taxable event:
- Home sale: the federal IRC §121 exclusion lets you exclude up to $250,000 of gain ($500,000 married filing jointly) on a primary residence you owned and used for two of the last five years — only gain above that is federally taxable. See our home-sale hub.
- Stocks: long-term gains at 0/15/20%; short-term as ordinary income.
- Crypto: the IRS treats crypto as property, so a sale or swap is a taxable disposal — see our crypto hub.
How this calculator works & where the numbers come from
No black box. The federal side uses the same unit-tested engine as our main calculator: net gain = proceeds − basis; classify by holding period; for long-term gains, subtract the standard deduction and stack the gain across the 0/15/20% bands per IRC §1(h); add 3.8% NIIT where modified AGI crosses the §1411 threshold; short-term gains are computed as the true marginal difference in ordinary tax. The Nevada side is simple: Nevada has no personal income tax, so the state tax is $0 with no brackets, thresholds, or deductions to apply. The total is therefore the federal amount alone.
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Nevada capital gains tax, answered
Does Nevada have a capital gains tax?
No. Nevada has no state income tax, so it does not tax capital gains. The state tax on your gain is $0, short-term or long-term. You still owe federal capital gains tax — 0/15/20% on long-term gains under IRC §1(h), plus 3.8% NIIT (§1411) for high earners — but nothing to the State of Nevada.
Why doesn't Nevada tax capital gains?
Because Nevada has no personal income tax, and a capital gain is a form of income. Nevada has never enacted an income tax — Article 10 of the state constitution is read to bar one — and it funds itself through gaming and sales taxes instead. No income tax means no capital gains tax.
How much is capital gains tax in Nevada for 2026?
Your total equals the federal tax only. A long-term gain is taxed federally at 0/15/20% under IRC §1(h), plus 3.8% NIIT if your MAGI exceeds $200,000 (single) or $250,000 (joint). The Nevada state figure is $0, so a mid-income Nevadan might pay roughly 15% federal and nothing more. Use the calculator above for your exact federal figure.
Do I still owe federal tax on a home, stock, or crypto sale in Nevada?
Yes — living in Nevada removes the state tax, not the federal one. Selling a home, stocks, or crypto at a profit is a federal taxable event. Long-term gains are taxed at 0/15/20%; short-term as ordinary income; the 3.8% NIIT applies for high earners. The federal §121 exclusion still shelters up to $250,000 ($500,000 joint) of gain on a primary residence.
Does the 3.8% federal NIIT apply to Nevadans?
Yes — the NIIT is federal and applies in every state. Once modified AGI exceeds $200,000 (single) or $250,000 (married filing jointly), the 3.8% surtax under IRC §1411 hits the lesser of your net investment income or the amount over the threshold. Nevada having no income tax does not exempt you from this federal surtax.
How does Nevada compare to California on capital gains?
They are opposite extremes. Nevada taxes gains at 0% at the state level — you pay federal only. California taxes gains as ordinary income from 1% up to 13.3% on top of the same federal tax. On a large gain, a California resident can pay well over 13% more than a Nevadan on the identical sale. See our California hub for the contrast.
More state hubs
Nevada is one of our no-income-tax state hubs — the same unit-tested federal engine, with the state layer set to its true value of $0. Every state page combines the federal number with that state's own rules, so you always see the full combined figure, not just half of it. Compare the extremes: California and New York tax gains heavily as ordinary income, while Florida, like Nevada, adds nothing. Until your state's page is live, the main Capital Gains Tax Calculator lets you fold any state's top marginal rate into your federal receipt.