Question
Capital Gain on Rental Property
Hello,
I need to know what the capital gains tax is for the state of Idaho. I understand that we fall into the capital gains tax bracket of 15% based on income and how I filed my taxes. I am trying to find out what tax the state of Idaho would put on top of the Federal 15%. So as an example, if I had capital gains of $100,000 I would owe $15,000 in federal capital gains tax. What I'm trying to find out is what else would I owe to the state of Idaho.
Thank you,
CJ
