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 Central Valley
Almond, pistachio, dairy, and row crop
State Rate
Up
Colorado
Cattle ranch and high-altitude pasture
State Rate
4.4%
Idaho
Potato, dairy, and cattle ranch
State Rate
5.695%
Illinois
Corn and soybean farmland
State Rate
4.95%
Indiana
Corn and soybean farmland
State Rate
About
Iowa
Corn and soybean farmland
State Rate
Low
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
5.9%
Nebraska
Corn, soybean, and cattle operations
State Rate
5.84%
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 and farmland
State Rate
0%
Utah
Cattle ranch, alfalfa, and high desert grazing
State Rate
4.65%
Washington
Wheat, apple, and cattle land
State Rate
7%
Wisconsin
Dairy, corn, and cropland
State Rate
Up
Wyoming
Cattle ranch and recreation land
State Rate
0%