$
$
$
Total Capital Gains Tax
$9,975
19.95%
Effective CG Rate
Net After Tax
$40,025
Federal CG Tax
$7,500
IL State Tax
$2,475
Summary
Your total capital gains tax is $9,975 (19.95% effective rate) on $50,000 in gains.
Long-term gains: $50,000 at 15% — 15.00% blended federal rate.
No NIIT applies — your income is below the $200,000 MAGI threshold for your filing status.
Illinois taxes capital gains at 4.95% effective rate, adding $2,475 to your total tax.
Net After Tax: $40,025
Fed LTCG
3 rows
| Tax Component | Tax Amount | Effective Rate |
|---|---|---|
| Federal Long-Term CG Tax | $7,500 | 15.00% |
| Illinois Capital Gains Tax | $2,475 | 4.95% |
| Total Capital Gains Tax | $9,975 | 19.95% |
Estimated federal and Illinois capital gains tax. Excludes wash sale rules, 1031 exchanges, qualified opportunity zones, and state-specific exclusions. Not tax advice.