Capital Gains Rate Married Filing Joint 2024

Capital Gains Rate Married Filing Joint 2024. You deduct an amount from your income before you calculate taxes. If you’re selling your main home, you can exclude $250,000 of the capital gains from your taxable income ($500,000 for married couples filing jointly) as long as.

The biden budget proposal called for increasing the top marginal rate on ordinary income to 39.6% from 37%. For 2024, the irs announced some rule changes on capital gains.