Free Capital Gains Tax Calculator
Estimate capital gains tax owed when selling a property, accounting for acquisition costs, improvements, and applicable exclusions.
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Total Estimated Tax
$0
Capital Gains Tax$0
Depreciation Recapture Tax$0
Total Gain$127,000
Taxable Gain (after exclusion)$0
Adjusted Cost Basis$390,000
Total Estimated Tax vs Long-Term Capital Gains Rate
Capital Gains Tax on Real Estate
When you sell property for more than your adjusted basis, you owe capital gains tax on the profit.
Adjusted Basis
Basis = Purchase Price + Capital Improvements - Depreciation Taken
Computing the Gain
Gain = (Sale Price - Selling Costs) - Adjusted Basis
Primary Residence Exclusion
If you lived in the home at least 2 of the last 5 years:
Depreciation Recapture
On investment properties, depreciation taken is recaptured at 25%, separate from the capital gains rate.
Tax Rates
Example Calculation
Selling a primary residence for $550,000. Purchased at $350,000 with $40,000 in improvements. Selling costs $33,000. Single filer with $250,000 exclusion.
- 01Adjusted basis: $350,000 + $40,000 = $390,000
- 02Net sale proceeds: $550,000 - $33,000 = $517,000
- 03Total gain: $517,000 - $390,000 = $127,000
- 04Taxable gain after exclusion: $127,000 - $250,000 = $0 (fully excluded)
- 05Capital gains tax: $0
- 06Total tax owed: $0