Capital Gains Tax Rate 2024 Home Sale. The tax rates remain the same, but the income thresholds for those rates are moving slightly. New ltcg rate of 12.5% announced for capital gains on sale of property.
Some strategies to minimize capital gains tax in 2024 include tax loss harvesting, utilizing the home sale tax exclusion, and holding investments for longer than. Capital gains tax is a levy imposed by the irs on the profits made from selling an investment or asset, including real estate.
Capital Gains Tax Rate 2024 Home Sale Images References :