State Dividend Tax Calculator
Split the tax on dividend income into its federal qualified or ordinary part and the state tax your state adds.
About State Dividend Tax Calculator
State Dividend Tax Calculator — estimates federal tax on qualified or ordinary dividends plus state tax on dividend income. Dividends face two layers of tax in most states: federal and state. Qualified dividends use the federal long-term capital-gain rates (0, 15, or 20 percent depending on total taxable income), while ordinary dividends follow ordinary-income brackets. Your 1099-DIV separates them for you. The state layer applies the state income-tax rate to dividend income - most states with an income tax treat dividends as ordinary income, a few exempt them, and states without an income tax take nothing. New Hampshire repealed its Interest & Dividends Tax for periods after December 31, 2024, so its verified rate is now zero. The federal thresholds here come from the original per-state pages and are not labeled as current-year by the IRS; treat the federal line as a reference. The 3.8% Net Investment Income Tax on high earners is not included.
Formulas
Dividend federal
Dividend federal tax = dividends × applicable federal rate
Dividend state
Dividend state tax = dividends × state rate
Dividend total
Dividend total = federal tax + state tax
Worked example
With the default values below, State Dividend Tax Calculator returns Total Dividend Tax of $2,394.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Stateone of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
- Illinois
- Your state tax rateaccepts 0–60
- Dividend incomeminimum 0
- 12,000
- Total taxable incomeminimum 0
- 90,000
- Dividend typeone of Qualified, Ordinary
- Qualified
Results
- Total Dividend Tax
- $2,394.00
- Federal Dividend Tax
- $1,800.00
- Federal Rate Applied
- 15.00%
- State Dividend Tax
- $594.00
- Type
- qualified dividend tax
- State rate used
- 4.95% (verified)
- Tax year
- 2026
- Source
- https://tax.illinois.gov/research/taxrates/income.html
Step by step
- 1Values used
- 2Dividend federal
- 3Dividend state
- 4Dividend total
- 5Total Dividend Tax= 2,394.00
- 6Federal Dividend Tax= 1,800.00
- 7Federal Rate Applied= 15.00
- 8State Dividend Tax= 594.00
- 9Type= qualified dividend tax
- 10State rate used= 4.95% (verified)
Assumptions and limits
- The result is derived only from the 5 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Estimate only. Excludes the net investment income tax, state-specific exclusions for dividends and any local tax.
- This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Estimate only. Excludes the net investment income tax, state-specific exclusions for dividends and any local tax.
Frequently Asked Questions
What makes a dividend qualified?
Broadly, it is paid by a US corporation or a qualifying foreign one and you held the shares long enough across the ex-dividend date. Your 1099-DIV splits the total into ordinary and qualified for you, so you rarely have to work it out yourself.
Do all states tax dividends?
No. Most that levy an income tax treat dividends as ordinary income, a few give them separate treatment, and the states with no income tax do not tax them at all. New Hampshire taxed interest and dividends until the tax was repealed for taxable periods beginning after 31 December 2024, which is why its verified rate is now zero.
How does the 3.8% Net Investment Income Tax (NIIT) affect my dividends?
The NIIT is a separate federal tax on net investment income for single filers above $200,000 MAGI and married filers above $250,000. It applies to both qualified and ordinary dividends. This calculator does not include the NIIT - add 3.8% to the federal rate if your income exceeds those thresholds.
Why does my 1099-DIV show different amounts than my brokerage statement?
The 1099-DIV reports dividends paid during the calendar year, but some dividends declared in December may not be paid until January (carryover). Also, return of capital distributions reduce your cost basis rather than count as dividend income. Use the 1099-DIV figures for tax filing.
Why does it say the rate is not verified for my state?
Because the figure the old per-state page used could not be matched to a current publication from that state's revenue department, or the state uses a graduated schedule that a single rate cannot represent. Rather than show a number with no provenance, the calculator asks you for the rate from your own notice or return and then uses exactly that.
How do I use my own rate?
Type it into the state rate field. Anything you enter wins over the built-in rate, and the result panel then labels the rate as yours rather than verified. Clearing the field goes back to the verified rate. A rate of 0 counts as blank, so to model a state with no income tax select one that has a verified 0%.
Which tax year does the state rate belong to?
The result panel prints it. Each verified rate is stored with the tax year it was published for and a link to the page it was read from, so you can check it before relying on the figure. Unverified states show neither, because there is nothing to show.