California Franchise Tax Board, read September 2026
The rate on a long-term gain in California
What California Franchise Tax Board publishes about the rate on a long-term gain in California, quoted verbatim from California Franchise Tax Board - Capital gains and losses, read September 2026.
- the authority quoted here
- California Franchise Tax Board
- of the authorities read publish on this question
- 6/6
- the day these pages were read
- 2026-09-11
The authority's own words
California does not have a lower rate for capital gains. All capital gains are taxed as ordinary income.
That sentence is the whole of what California Franchise Tax Board publishes on this point on the page cited. It is reproduced here for reporting and comment; it is not tax advice, and nothing on this page is our reading of it.
The same question in other jurisdictions
| Jurisdiction | What the authority says |
|---|---|
| United States | the tax rate on most net capital gain is no higher than 15% for most individuals. A capital gains rate of 0% applies if your taxable income is less than or equal to: $48,350 for single and married filing separately; $96,700 for married filing jointly and qualifying surviving spouse; and $64,750 for head of household.IRS - Topic no. 409, Capital gains and losses, read September 2026 |
| Washington | 7% tax on the sale or exchange of long-term capital assets such as stocks, bonds, business interests, or other investments and tangible assets. This tax only applies to individuals.Washington Department of Revenue - Capital gains tax, read September 2026 |
| Texas | Sec. 24-b. CAPITAL GAINS TAX PROHIBITED. (a) Subject to Subsection (b) of this section, the legislature may not impose a tax on the realized or unrealized capital gains of an individual, family, estate, or trust, including a tax on the sale or transfer of a capital asset that is payable by the individual, family, estate, or trust selling or transferring the asset.Texas Constitution, Article 8 (Taxation and Revenue), read September 2026 |
| Florida | (a) NATURAL PERSONS. No tax upon estates or inheritances or upon the income of natural persons who are residents or citizens of the state shall be levied by the state, or under its authority, in excess of the aggregate of amounts which may be allowed to be credited upon or deducted from any similar tax levied by the United States or any state.Florida Constitution, Article VII, Section 5, read September 2026 |
| New Jersey | If you are a New Jersey resident, all of your capital gains, except gains from the sale of exempt obligations, are subject to tax.New Jersey Division of Taxation - Capital Gains, read September 2026 |
Side by side, each in its own authority's words. Where two jurisdictions differ, the difference is between the two quotations; it is not our characterisation of either.
Where this comes from
Reproduced from California Franchise Tax Board - Capital gains and losses as it stood on September 2026; the plain text of that page from that day is stored beside the record, so the sentence can be checked against its origin. Across the questions asked here, California Franchise Tax Board answers 1 and publishes nothing quotable on 5.
Cite or embed this figure
California Franchise Tax Board on the rate on a long-term gain in California: “California does not have a lower rate for capital gains. All capital gains are taxed as ordinary income.” (Capital Gains Tax HQ US Capital Gains Tax Record).
Cite as: "Capital Gains Tax HQ US Capital Gains Tax Record: The rate on a long-term gain, California", updated 2026-09-11, https://capitalgainstaxhq.com/tax/california/long-term-rate/.