Capital Gains Tax Rate 2024 Real Estate Sale

Capital Gains Tax Rate 2024 Real Estate Sale.  — the capital gains tax rate on the sale of a primary residence can be as high as 20 percent of the profit on a home owned for more than a year, and as high as 37 percent on one owned for a year. For the 2024 tax year, you won’t pay any capital gains tax if your total taxable income is $47,025 or less.

The rates are 0%, 15% or 20%, depending on taxable income and filing status.  — the capital gains tax rate on the sale of a primary residence can be as high as 20 percent of the profit on a home owned for more than a year, and as high as 37 percent on one owned for a year.