Kansas brokerage account growth calculator

What a taxable index-fund account is actually worth after expense-ratio drag and after Kansas takes its share of the gain — which, in most states, is not at the federal preferential rate.

Kansas taxes your gains as ordinary income

There is no state equivalent of the federal preferential rate here — a long-term gain is charged at Kansas's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Long-term capital gains are taxed as ordinary income on the 5.2% / 5.58% schedule. Gains arrive through federal adjusted gross income at K-40 line 1 and Kansas provides no preferential rate, no holding-period discount and no capital gains exclusion or deduction; the federal preferential long-term rate does not carry over. This is established by the absence of any capital gains line among the Schedule S Part A subtraction modifications rather than by an affirmative Department statement - see the sources entry for the limitation.