California Capital Gains Tax Rate 2020. Most states tax capital gains according to the same tax rates they use for regular income. Find the capital gains tax rate for each state in 2020 and 2021.

Figure your capital gains tax.

The income thresholds for the capital gains tax rates are adjusted each year for inflation. This page has the latest california brackets and tax rates, plus a california income tax calculator. California's 2021 income tax ranges from 1% to 13.3%. It can be lower than the rate you'll pay on other types of income. Long term capital gain brackets for 2020. The tax rates on capital gains and dividends depend on how long you hold an investment, your taxable income and filing status. Each year, the irs adjusts the tax brackets for inflation. Capital gains can be reduced by deducting capital losses that occur when a taxable asset. The headline cgt rates are generally the highest statutory rates. Most states tax capital gains according to the same tax rates they use for regular income. As the tables below for the 2019 and 2020 tax years show, your overall taxable income determines which of these rates will get charged on your capital gains.