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Nevada · State Tax Guide

Nevada Capital Gains Tax Rate (2026)

Top State Rate
0%
Rate Structure
No state income tax
Preferential LT Rate?
N/A — no income tax
Max Combined (Fed + State)
23.8%

Nevada capital gains tax overview

Nevada has no individual income tax. Capital gains are not taxed at the state level.

No state tax advantage: Living in Nevada means your capital gains face only federal taxation — 0%, 15%, or 20% for long-term gains. This is a significant advantage compared to states like California (13.3%) or New York (10.9%), where residents pay a combined rate that can exceed 34%.

Federal + Nevada combined rates

Your total capital gains tax bill includes both layers — federal and state. Here is what a Nevada investor pays in 2026 for long-term gains:

Federal Long-Term RateNevada State RateCombined RatePlus NIIT (if applicable)
0%0%0%3.8%
15%0%15%18.8%
20%0%20%23.8%

The NIIT (Net Investment Income Tax) adds an extra 3.8% for taxpayers whose MAGI exceeds $200,000 (single) or $250,000 (married filing jointly). It is a federal tax only — Nevada does not have an equivalent.

How Nevada compares to other states

Nevada is one of 8 states with no individual income tax. This group includes: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Wyoming. Residents of these states pay only federal capital gains tax — a significant advantage for investors with large unrealized gains who have flexibility on where they live.

Tax-reduction strategies for Nevada residents

With no state income tax, Nevada residents already benefit from one of the most favorable environments for capital gains in the country. The primary levers are federal:

Try the calculator: Use our free capital gains calculator to see your exact federal tax instantly. Pro users get automatic Nevada state tax added to every calculation.

Frequently asked questions — Nevada

Does Nevada tax short-term and long-term gains differently?

No — Nevada has no income tax, so neither type of gain is taxed at the state level. The difference between short-term and long-term only matters for federal purposes.

Do I need to file a Nevada tax return if I only have capital gains?

No. Nevada has no income tax, so there is no state return to file for investment income.

What if I moved to Nevada mid-year?

Moving to Nevada eliminates future state capital gains taxes, but gains realized while you were a resident of your prior state are taxable by that state. Most states use a prorated approach for part-year residents.