Florida Home Sale Capital Gains
Capital Gains Tax on a Florida Home Sale (2026)
Florida has no state income tax — which means no state capital gains tax. Federal capital gains rules apply. Use this guide and calculator to estimate your federal tax exposure.
Florida has NO state capital gains tax — federal only.
Your Home Sale Details
Estimated Capital Gains
Total Gain
$400,000 - $250,000
$150,000
Primary Residence Exclusion
Up to $250,000 excluded
$150,000
Taxable Gain (Federal)
After exclusion
$0
Estimated Federal Tax
Long-term rate (≈15%)
$0
Florida state tax: $0 — Florida has no state income or capital gains tax.
* Simplified estimate. Actual liability depends on your full income, deductions, depreciation recapture, and other factors. Consult a CPA or tax advisor before closing.
Florida Capital Gains Tax Guide
What Florida Home Sellers Need to Know
No Florida State Tax
Florida has no state income tax and no state capital gains tax. This is a major advantage for Florida sellers. You only owe federal capital gains tax — not state.
Primary Residence Exclusion
If you've lived in the home as your primary residence for 2 of the last 5 years, you can exclude $250,000 (single) or $500,000 (married) of capital gains from federal tax. Many Florida sellers owe $0 in capital gains.
Long-Term vs. Short-Term Rates
If you owned the home more than 1 year, federal long-term capital gains rates apply: 0%, 15%, or 20% depending on your income. Short-term gains (under 1 year) are taxed as ordinary income — potentially much higher.
Net Investment Income Tax
High-income sellers (over $200K single / $250K married) may owe an additional 3.8% Net Investment Income Tax (NIIT) on capital gains above their exclusion. This is federal only — no Florida equivalent.
All listings placed by a licensed Florida broker — FL License #BK3276618 ↗