Rhode Island capital gains tax estimator
Estimate Rhode Island tax impact from a single sale.
How this calculator works
Step 1 calculates your capital gain using cost basis and sale proceeds. If you provide dates, the tool classifies the holding period for reference.
Step 2 adds the gain to your other Rhode Island taxable income before applying the bracket schedule.
Step 3 shows the Rhode Island tax impact. The marginal rate reflects the bracket your total income lands in after the gain.
Frequently asked questions
Does Rhode Island have a special long-term gain rate?
Rhode Island taxes capital gains as ordinary income. Some qualified gains or extraordinary dividends may qualify for deductions, which are not applied here.
What if I have a loss?
Losses are displayed for context. Check Rhode Island's rules for how losses offset gains.
Do I need to adjust for residency?
Part-year and nonresident filers should prorate Rhode Island-source income using the allocation percent on their return.
Related tools
This tool estimates Rhode Island tax impact only and is not legal or tax advice.