AbraCalc

Capital Gains Tax on $10,000 Gain at 15%

A $10,000 long-term capital gain at 15% results in $1,500 in capital gains tax.

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How to use this tool

  1. Enter your net sale proceeds (after selling costs).
  2. Enter your cost basis (purchase price plus buying costs and improvements).
  3. Enter your applicable capital-gains rate (e.g. 0%, 15%, or 20% for US long-term gains).
  4. Read your gain, tax, net gain, and net proceeds.

Calculate exactly how much tax you owe when you sell an asset for a $10,000 profit at the standard 15% long-term capital gains rate.

Frequently asked questions

What is the difference between long-term and short-term capital gains?
Long-term gains come from assets held longer than the local threshold (one year in the US) and are usually taxed at preferential rates such as 0%, 15%, or 20%. Short-term gains (held a year or less in the US) are typically taxed at your ordinary income rate.
How do I find my cost basis?
Cost basis is generally what you paid for the asset plus purchase commissions and qualifying improvements. For reinvested dividends or inherited assets, special basis rules may apply.
What happens if I sell at a loss?
This calculator reports zero capital gains tax on a loss. In practice a capital loss may offset other capital gains and, subject to limits, reduce ordinary income or be carried to future years.