Capital Gains Tax Rate 2024 California. You’ll pay a tax rate of 0%, 15% or 20% on gains from the sale of most assets or investments held for more than one year. California does not have a lower rate for capital gains.
The new 14.4% rate is the result of no limit on california’s 1.1% employee payroll tax for state disability insurance. California’s capital gains tax rates align with its progressive income tax system, ranging from 1% to 12.3%.