Capital Gains Tax 2024 Married Filing Jointly With Spouse

Capital Gains Tax 2024 Married Filing Jointly With Spouse. 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. Qualifying widow(er) with dependent child:

For single taxpayers, you may exclude up to $250,000 of the capital gains, and for married taxpayers filing jointly, you may exclude up to $500,000 of the capital. 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.