Virginia Capital Gains Tax Calculator
Virginia taxes capital gains as ordinary income at graduated rates up to 5.75%. Estimate federal + state tax.
Virginia taxes capital gains as part of taxable income at 2%, 3%, 5% and 5.75%, the top rate starting at just $17,000 (Va. Code § 58.1-320), so nearly every gain is taxed at 5.75%. The only capital-gain subtraction is for long-term gain on certain small Virginia technology investments made from 2010 to mid-2020.
| Rule | Virginia |
|---|---|
| Rate | 2% to $3,000, 3% to $5,000, 5% to $17,000, 5.75% above $17,000 of taxable income (§ 58.1-320). |
| Short- vs long-term | No general difference. |
| Subtraction | § 58.1-322.02(24): long-term gain from an investment in a "qualified business" (principal office in Virginia, under $3 million in revenue) made between April 1, 2010 and June 30, 2020. |
| Tax year | 2026 return (Form 760). |
Sources: Code of Virginia § 58.1-320, Imposition of tax, read 2026-10-10; Code of Virginia § 58.1-322.02, Virginia taxable income; subtractions, read 2026-10-10.
Estimate only, not an official determination. What this estimate covers and its limits
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Additional Details
Pre-filled: Editable top/representative-rate proxy; not a state return calculation
Additional Details
Estimated Federal + State Tax
Estimated • Based on your inputs
Estimated Net Sale Proceeds
$89,625.00
Detailed Breakdown
Disclaimer: This calculator provides estimates for informational purposes only. Results should not be considered financial, tax, or legal advice. Consult a qualified professional for your specific situation.
How This Calculator Works
Calculation methodology and assumptions
The Virginia line is the modeled gain times the 5.75% in the Modeled State Rate field, added to the federal estimate.
Estimate only — these are not official figures
State tax is not a return calculation: the 5.75% default is applied flat to the whole gain, so the brackets, thresholds and exclusions in the Virginia table above are not computed.
Do not rely on these amounts for budgeting or payment. For exact amounts, check the Virginia tax authority (https://www.tax.virginia.gov/individuals).
Key State Information
Because the 5.75% bracket starts at $17,000, the calculator's 5.75% default is close to the true marginal rate for almost any Virginia seller. The qualified-business subtraction no longer applies to new investments: it covers only investments made by June 30, 2020, and not one claimed for the related tax credit.
Example Calculation
A head of household in Richmond with $62,000 of other taxable income sells employer stock received for $9,000 three years ago for $34,000.
Entered as $9,000 basis, $34,000 proceeds, head of household, $62,000 of other income: the calculator finds a $25,000 long-term (40 months) gain, $3,120 of regular federal tax, and $1,438 of Virginia tax at the 5.75% default.
Result: $4,558 in total (18.23% of the gain), leaving $29,443. All of this gain sits above Virginia's $17,000 threshold, so 5.75% is the real marginal rate on it: $25,000 x 5.75% = $1,437.50.
StateCalc Team
Editorial Team
The StateCalc team builds free financial calculators using data from official government sources including the IRS, U.S. Census Bureau, BLS, and state revenue departments. All formulas are validated by an automated test suite and cross-referenced against published data.
Our editorial standardsFrequently Asked Questions
What is the Virginia capital gains tax rate?
Virginia uses its regular income tax rates; above $17,000 of taxable income the rate is 5.75% (Va. Code § 58.1-320), so most gains are taxed at 5.75%.
Does Virginia exempt any capital gains?
Only long-term gain from investments in qualified Virginia small technology businesses made between April 1, 2010 and June 30, 2020 (§ 58.1-322.02(24)), and not for an investment that received the related credit.
Are short-term gains taxed differently in Virginia?
No. Short- and long-term gains are both ordinary taxable income for Virginia.
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