By State
Where you sell changes the math.
State capital gains rates vary from 0% (Texas, Wyoming) to 13.3% (California). Find your state's breakdown.
Arkansas
Rice, row crop, and cattle ground
State Rate
Top
California
Almond, pistachio, dairy, and row crop
State Rate
13.3%
Colorado
Cattle ranch and high-altitude pasture
State Rate
4.4%
Idaho
Potato, dairy, and cattle ranch
State Rate
5.3%
Illinois
Corn and soybean farmland
State Rate
4.95%
Indiana
Corn and soybean farmland
State Rate
3.0%
Iowa
Corn and soybean farmland
State Rate
3.8%
Kansas
Wheat, corn, and cattle ground
State Rate
Up
Minnesota
Corn, soybean, and dairy ground
State Rate
Up
Missouri
Row crop and cattle ground
State Rate
0%
Montana
Cattle ranch and timber
State Rate
Up
Nebraska
Corn, soybean, and cattle operations
State Rate
5.20%
New Mexico
Cattle range and irrigated farmland
State Rate
Up
North Dakota
Wheat, soybean, and cattle ground
State Rate
About
Oklahoma
Cattle ranch, wheat, and oil/gas land
State Rate
4.75%
Oregon
Ranch, orchard, and grass seed ground
State Rate
Up
South Dakota
Cattle range and cropland
State Rate
0%
Tennessee
Cattle, row crop, and timber ground
State Rate
0%
Texas
Ranch, farm, and investment land
State Rate
0%
Utah
Cattle ranch, alfalfa, and high desert grazing
State Rate
4.5%
Washington
Wheat, apple, and cattle land
State Rate
0%
Wisconsin
Dairy, corn, and cropland
State Rate
Up
Wyoming
Cattle ranch and recreation land
State Rate
0%