Capital Gains Tax Rate 2024 Calculator Ny. Capital gains in new york are taxed as normal income, according to the rates described above. The tax rate you will pay on capital gains will vary depending on where you live, your income, and the type of asset you sold but the federal and state tax systems are generally progressive, so individuals with higher incomes face a higher capital gains tax rate.
Single with an income of more than $41,675 up to $459,750. Profits from assets held for over a year are typically taxed at a lower, long.