Capital Gains Tax 2024 Married Filing Jointly Tax Return

Capital Gains Tax 2024 Married Filing Jointly Tax Return. In 2024, the 28 percent amt rate applies to excess amti of $232,600 for all taxpayers ($116,300 for married couples filing separate returns). It is mainly intended for residents of the u.s.

If you meet those rules, you can exclude up to $250,000 in gains from a home sale if you’re single, and up to $500,000 if you’re married filing jointly. The higher your income, the more you will have to pay in capital gains.