How Are Capital Gains Taxed?
- Cassandra Watkins
The tables shown here contain the rates at which capital gains are taxed for the tax year.
Capital gains occur when a taxpayer sells an asset for more than their adjusted basis. Examples of this include,
Sales of stock
Sales of property (such as their home, car, RV, land, etc.)
Sales of digital assets (such as Bitcoin, Ethereum, Dogecoin, Litecoin)
Short Term Transactions
Short term capital gains (assets held less then one year) are taxed up to 37% as ordinary income.
*Numbers published in this chart are for tax year 2024.
Filing Status | 10% Tax rate | 12% Tax Rate | 22% Tax Rate | 24% Tax Rate | 32% Tax Rate | 35% Tax Rate | 37% Tax Rate |
|---|---|---|---|---|---|---|---|
Single | $0 to $11,599 | $11,600 to $47,149 | $47,150 to $100,524 | $100,525 to $191,949 | $191,950 to $243,724 | $243,725 to $609,350 | $609,351 and up |
HOH | $0 to 16,549 | $16,550 to $63,099 | $63,100 to $100,499 | $100,500 to $191,949 | $191,950 to $243,699 | $243,700 to $609,349 | $609,350 and up |
MFJ/QW | $0 to $23,199 | $23,200 to $94,299 | $94,300 to $201,049 | $201,050 to $383,899 | $383,900 to $487,449 | $487,450 to $731,199 | $731,200 and up |
Long Term Transactions
Long term gains (assets held greater than one year) are taxed at a lower rate of either 0-20%.
*Numbers published in this chart are for tax year 2024.
Filing Status | 0% | 15% Tax Rate | 20% Tax Rate |
|---|---|---|---|
Single | $0 to $47,025 | $47,026 to $518,900 | $518,901 and up |
HOH | $0 to $63,000 | $63,001 to $551,350 | $551,351 and up |
MFJ/QW | $0 to $94,050 | $94,051 to $583,750 | $583,751 and up |
MFS | $0 to $47,025 | $47,026 to $291,850 | $291,850 and up |
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