Capital Gains Tax Rate 2024 Home Sale Price

Capital Gains Tax Rate 2024 Home Sale Price. According to kiplinger's, she'd bring back the top 39.6% income tax rate for people making $400,000 or more and hike the 3.8% net investment income tax to 5% for. The tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held.

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. According to kiplinger’s, she’d bring back the top 39.6% income tax rate for people making $400,000 or more and hike the 3.8% net investment income tax to 5% for.