Capital Gains Tax Rate 2024 On Home Sales. 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. For the 2024 tax year, you won’t pay any capital gains tax if your total taxable income is $47,025 or less.


Capital Gains Tax Rate 2024 On Home Sales

In simple terms, this capital gains tax exclusion enables homeowners who meet specific requirements to exclude up to $250,000 (or up to $500,000 for married couples filing jointly) of capital. For 2024, the irs announced some rule changes on capital gains.

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