Monday, July 20, 2026 2026 Tax Year Edition

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Capital Gains Tax in Utah (2026)

Utah has no special capital gains rate — the state taxes your gain as ordinary income at a flat 4.45%, stacked on top of the federal 0/15/20% tax and the 3.8% NIIT. Run the combined number below.

Reviewed & updated · 2026 tax-year figures · Federal + Utah state

Quick answer

Utah does not have a preferential long-term capital gains rate. Under Utah Code §59-10-104, both short- and long-term gains are taxed as ordinary income at a flat 4.45% — no brackets, no holding-period distinction. That state tax is added on top of the federal capital gains tax (0/15/20% long-term under IRC §1(h)) and the 3.8% NIIT (§1411). A top-bracket Utahn can face a combined rate near 28.25% on a long-term gain.

4.45%
UT flat rate
Utah Code §59-10-104
Flat
No brackets
Utah Code §59-10-104
No LT rate
Taxed as income
Utah Code §59-10-104
0/15/20%
Federal, on top
IRC §1(h)
Your 2026 Utah + Federal Estimate ✓ Federal engine verified vs IRC §1(h)
The sale
Primary residence? (§121 exclusion)
Holding period

Held 4 yr 1 molong-term federally. Utah taxes it at a flat 4.45% either way.

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UT + Federal Tax ReceiptLong-term (fed) · Single · Utah · Tax Year 2026
Proceeds$200,000
Less: cost basis–$100,000
Taxable capital gain$100,000
Federal capital gains tax$15,000
+ Utah tax$4,950
Total tax
Net proceeds $178,150
$21,850
Combined effective rate on the gain: 21.9% · UT flat rate: 4.45%
$100,000Basis returned $78,150Gain you keep $21,850Goes to tax
Show our work federal + UT, step by step

Estimates only, for the 2026 tax year. Not tax advice. The Utah individual income tax rate of 4.45% is fixed by statute (Utah Code §59-10-104) and is not inflation-indexed; federal bracket thresholds and standard deductions are projected 2026 amounts, marked est. and owner-verifiable against the final IRS release.

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How does Utah tax capital gains?

Utah is one of the states that gives capital gains no break at all. Under Utah Code §59-10-104, a capital gain is simply part of your Utah net income and is taxed at the same single flat rate as wages — 4.45% for individuals. There is no equivalent of the federal 0/15/20% long-term schedule, no graduated brackets, and no distinction between short-term and long-term at the state level. Whether you held the asset a week or a decade, Utah taxes the whole gain at 4.45%.

Because the rate is flat, the arithmetic is unusually clean: your Utah tax on a gain is exactly 4.45% of the gain. The marginal rate and the effective rate on that gain are identical — there is no bracket to straddle. Utah has cut its flat income tax six years running — from 5% in 2018 down to 4.45% for 2026 under Senate Bill 60. A Salt Lake stock sale, a ski-town cabin sale, or a crypto disposition are all taxed at the flat 4.45%, with no brackets and no local income tax.

How does Utah stack on top of federal?

The two systems run in parallel and the amounts are added — Utah does not replace or absorb the federal tax. For a long-term gain, 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
  • Utah: a flat 4.45% on the full gain under Utah Code §59-10-104.

Add those together and a top-bracket Utahn with a long-term gain can pay roughly 20% + 3.8% + 4.45% ≈ 28.25%. A short-term gain is worse, because the federal side jumps to ordinary rates (up to 37%) instead of 20% — while Utah stays at 4.45% either way. The calculator above computes each layer separately and shows you the exact bands.

What is the 2026 Utah income-tax rate?

Utah applies a single flat individual income tax rate — there is no bracket schedule to reproduce. For comparison against states that do use brackets, here is how Utah lines up.

Utah individual income taxRate
All taxable net income (flat) · Utah Code §59-10-1044.45%
Short-term capital gain4.45%
Long-term capital gain4.45%
Local / municipal income tax on gainsNone
Additional tax over $1,000,000None
Note: Utah starts from your federal adjusted gross income, so the federal IRC §121 home-sale exclusion (up to $250,000 / $500,000 joint) is already removed before Utah applies its 4.45% rate — only gain above the exclusion is taxed by the state. Utah also grants a small per-person exemption allowance against total net income; it reduces your base slightly but does not change the 4.45% rate applied to the gain at the margin. Bring depreciation recapture and part-year residency questions to a CPA.
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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 Utah side takes the same taxable gain (after any §121 exclusion, since Utah begins from federal AGI) and multiplies it by the flat 4.45% rate under Utah Code §59-10-104 — no brackets, so the marginal and effective state rates on the gain are identical. The two results are summed.

FACT
CHECK
Reviewed and updated July 20, 2026 by the Capital Gains Ledger editorial desk against the statutory text of Utah Code §59-10-104, the Utah State Tax Commission individual income tax guidance, and IRC §1(h), §1411, and §121. The federal 0/15/20% engine passed unit tests covering multi-band straddles and the NIIT threshold trigger; the Utah layer is a single flat-rate multiplication.

Primary sources (linked, not just named)

Utah capital gains tax, answered

Does Utah have a separate capital gains tax rate?

No. Utah has no preferential capital gains rate. Under Utah Code §59-10-104, a capital gain — short-term or long-term — is taxed as ordinary income at the state's single flat rate of 4.45%. There are no brackets, and the federal short/long distinction does not exist at the Utah level.

How much is capital gains tax in Utah for 2026?

Your Utah tax equals 4.45% of the gain, added to the federal capital gains tax. Federally, a long-term gain is taxed at 0/15/20% (IRC §1(h)) plus 3.8% NIIT for high earners. A mid-income Utahn might pay roughly 15% federal + 4.45% state; a top earner can pay near 20% + 3.8% + 4.45% ≈ 28.25% combined. Use the calculator above for your exact figure.

How does Utah capital gains tax stack on top of federal?

They are computed separately and summed. The federal side taxes long-term gains at 0/15/20% and adds 3.8% NIIT for high earners; short-term gains are ordinary income. Utah ignores the holding period and taxes the entire gain at a flat 4.45%. Your total tax is federal + NIIT + Utah.

Is the Utah flat tax really the same on every dollar of gain?

Yes. Utah Code §59-10-104 sets a single flat rate of 4.45% with no brackets, so every dollar of taxable capital gain is taxed at 4.45% — the marginal rate and the effective rate on the gain are identical. Utah does apply a small per-person exemption allowance against total net income, but it does not change the 4.45% rate applied to the gain at the margin.

Does the 3.8% federal NIIT apply to Utah residents?

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. It is added to your federal capital gains tax and is entirely separate from Utah state tax.

Does Utah conform to the $250k/$500k home-sale exclusion?

Yes. Utah begins from federal adjusted gross income, so the IRC §121 exclusion of up to $250,000 of gain ($500,000 married filing jointly) on a primary residence is already removed before Utah applies its flat 4.45% rate. Only gain above the exclusion flows into Utah net income and is taxed. See our home-sale hub for the mechanics.

Compare Utah with other state hubs

Utah’s flat 4.45% sits just below the middle of the pack. It is far lighter than California, which taxes gains as ordinary income up to 13.3%, and heavier than the no-income-tax states like Texas and Florida, where the state adds nothing at all. New York lands above Utah with graduated rates that top out over 10%. Every state page combines the same unit-tested federal engine with that state's own rules, so you always see the full combined number, not just half of it. The main Capital Gains Tax Calculator lets you fold any state's rate into your federal receipt.

One honest caveat: this is an estimate for the 2026 tax year, not a filing. the Utah taxpayer tax credit phase-out, part-year and non-resident allocation (Form TC-40B), and depreciation recapture can move your real number. For a return, bring these figures to a Utah CPA or EA.