Income Tax Brackets 2025 California. Do not use the calculator for 540 2ez or prior tax years. At the federal level, the capital gain rate is 20% for higher income taxpayers.

As a result of california’s tax expansion, the state’s top income tax bracket has increased by 1.1%, to 14.4% for the 2025 tax year. Add the 3.8% net investment tax under obamacare, and you have 23.8%.