Capital Gains Tax Rate 2024 Brackets

Capital Gains Tax Rate 2024 Brackets. The capital gains tax effect on mutual funds. The capital gains tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held.

The tax rates under the capital gains head have also been amended. The top marginal income tax rate of 37 percent will hit taxpayers with taxable income above $609,350 for single filers and above $731,200 for married couples filing jointly.