Oregon capital gains tax calculator
Oregon capital gains tax calculator: type the purchase and the sale and the calculator below prices the gain twice. The federal return splits it across the 0/15/20 long-term bands. Oregon adds it to your income and walks its own chart of four rates.
Oregon is one of the states that keeps its own, much smaller standard deduction: $2,835 for a single filer in 2025, against the federal $15,750. Gains get no special rate in Salem, so the state layer is a straight bracket walk from 4.75% to 9.9%.
How it works
How Oregon taxes a capital gain
The federal half of the bill has a soft spot worth knowing. A long-term gain is not taxed as one block: it stacks above your other taxable income, and whatever falls below the zero breakpoint pays nothing at all. For 2025 that breakpoint is $48,350 of taxable income for a single filer, with 15% above it to $533,400 and 20% beyond. A moderate earner can catch part of a gain in the 0 percent band, and the worked example below does exactly that.
Oregon's chart has four rungs: 4.75% on the first $4,400, 6.75% to $11,100, 8.75% to $125,000, and 9.9% above. A capital gain is ordinary income on that chart. Joint, head-of-household and surviving-spouse filers use Chart J: the first two rungs end at $8,750 and $22,200, and 9.9% starts only above $250,000. The calculator picks the chart from the filing status you choose.
Two deductions, two worlds. The federal return strips $15,750 from your wages before the gain stacks on top; Oregon strips $2,835 from the whole pile. Oregon also allows a subtraction for federal tax paid, capped at $8,500 for 2025, which the calculator does not apply, so the state figures shown run high by that and the exemption credit.
Worked example
Shares held since 2021: $11,260 on a $50,000 gain
You buy $40,000 of stock in September 2021 and sell for $90,000 in July 2025. Nearly four years held, so the $50,000 gain is long-term. Wages are $60,000, filing single.
Federally, wages after the standard deduction come to $44,250, which is $4,100 short of the zero breakpoint. The first $4,100 of the gain fills that gap and pays nothing. The remaining $45,900 pays 15%: $6,885. Federal total on the gain, $6,885. Income is nowhere near the net investment income tax threshold, so no 3.8 percent charge follows.
Oregon adds the same $50,000 to wages, takes its $2,835 deduction, and finds the gain wholly inside the 8.75% band, which spans $11,100 to $125,000: $4,375. Combined $11,260, an effective 22.5% on the gain before the unmodelled subtractions that would trim the state's share.
One long-term share sale, 2025, single filer
| Step | Amount |
|---|---|
| Sale proceeds | $90,000 |
| Cost basis (purchase price) | $40,000 |
| Long-term capital gain | $50,000 |
| Gain inside the federal 0 percent band | $4,100 |
| Gain at 15% | $45,900 |
| Federal tax on the gain | $6,885 |
| Oregon tax on the gain at 8.75% | $4,375 |
| Combined tax on the gain | $11,260 |
The Oregon details
What the state layer counts, and what it skips
- A deduction of its own. Oregon does not follow the federal standard deduction. Its 2025 figure is $2,835 for a single filer, $5,670 for a joint return and $4,560 for head of household, and the calculator applies the one that matches your filing status.
- The federal-tax subtraction, not applied. Oregon subtracts part of your federal income tax liability from state income, capped at $8,500 for a single filer in 2025, and adds an exemption credit. Neither is modelled, so the state side of the figures overstates tax by those amounts.
- No long-term rate. The gain pays the same chart as wages whatever the holding period; only the federal layer cares whether you held past one year.
- Two charts. Single and married-filing-separately returns use Chart S, which reaches 9.9% above $125,000. Joint, head-of-household and surviving-spouse returns use Chart J, which reaches it above $250,000.
Questions
Frequently asked questions
Does Oregon give capital gains a lower rate?
No. A gain is ordinary income in Salem and walks the same four rates as wages: 4.75%, 6.75%, 8.75% and 9.9% at the top.
What is Oregon's capital gains tax rate?
It depends where the gain lands on the chart. Most mid-income gains in this calculator land in the 8.75% band, which runs from $11,100 to $125,000 of Oregon taxable income.
Why did part of my gain pay 0 percent federally but full rates in Oregon?
The federal 0 percent band exists below $48,350 of taxable income for a single filer in 2025. Oregon has no 0 percent band; its chart starts at 4.75% from the first dollar.
Does Oregon use the federal standard deduction?
No. The state sets its own: $2,835 for a single filer in 2025, far below the federal $15,750. Both deductions are applied, each on its own side.
What is left out of the Oregon figures?
The subtraction for federal tax liability, capped at $8,500 in 2025, and the exemption credit. Without them the state figure shown is higher than a filed return would pay.
Do joint returns change the Oregon answer?
Yes. Joint, head-of-household and surviving-spouse filers use Chart J: wider lower bands, a $5,670 standard deduction for joint returns ($4,560 for head of household), and 9.9% only above $250,000 of taxable income. The calculator applies the chart and deduction that match the filing status you pick.
Sources
Where these figures come from
Also on capitalgainstax.net