Capital Gains Calculator

1. Calculate Net Adjusted Basis
Orignal Purchase Price
$
Plus Capital Improvements
$
Minus Depreciation Claimed
$
NET ADJUSTED BASIS
$
2. Calculate Capital Gains Sales Price of Property
Sales Price
$
Minus Net Adjusted Basis
$
Minus Costs of Sale (fees, commissions, etc.)
$
CAPTIAL GAIN (less depreciation)
$
3. Calculate Capital Gain Tax Due
Recaptured Depreciation (25%)
$
Plus Federal Capital Gain Rate (15%)
$

Plus State Capital Gain Rate in %.

. %

Plus State Capital Gain Rate converted to Dollars.

$
TOTAL TAX SAVINGS
$
This formula is an estimate of your capital gain tax amount for an individual (noncorporate) taxpayer that could be deferred by using a tax deferred exchange. Using our calculator may help you determine if an exchange would be of benefit to you. † Please note that effective January 1, 2013, the 3.8% MediCare tax may affect your sale. Also, whether the property is owned free and clear or is encumbered by a debt will affect an exchange. For specific figures in regards to your situation please contact your CPA or tax professional.
Copyright © 2005 - 2017 Pioneer Holding, Inc. All rights reserved. Please visit our terms of use page for more information.
Utilizing valid XHTML and CSS markup. Site design by Pomni Media.