Quick calculation
Incremental tax from the stock sale only.
CA + W-2
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Outside CA / no state tax
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Savings and percentages
Positive savings means the no-state/no-W-2 scenario has less tax on the sale.
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Tax progression by income
Ordinary income sweeps from $100,000 to $1,200,000 using the current filing status and current LTCG input.
Assumptions: long-term stock gain, federal standard deduction, California standard deduction, no itemized deductions, no AMT, no QSBS, no collectibles, no tax-loss carryforwards, no local tax, and no extra investment income beyond the stock gain. California capital gains are treated as ordinary income for state tax.
Sources: IRS Rev. Proc. 2025-32 for 2026 federal ordinary brackets, standard deductions, and long-term capital gain thresholds; IRS NIIT guidance for the 3.8% threshold rule; California FTB 2025 rate schedule and standard deduction chart plus EDD 2026 withholding schedule thresholds for 2026-style CA inputs.