Long Term Capital Gains Tax Rate 2024 Irs

Long Term Capital Gains Tax Rate 2024 Irs. The capital gains tax rate that applies to profits from the sale of stocks, mutual funds or other capital assets held for more than one. Remember, this isn't for the tax return you file in 2024, but rather, any gains you incur from january 1, 2024 to december 31, 2024.

In 2024, single filers making less than $47,026 in taxable income, joint filers making less than $94,051, and heads of households making $63,000 or less pay 0% tax. Gain or loss on the business or rental part of the property may be a capital gain or loss or an ordinary gain or loss, as discussed in chapter 3 under section 1231 gains and.