Capital Gain Tax Rate 2024 California. Individual income tax return (irs form 1040) and capital gains and losses, schedule d (irs form 1040). Scroll to the bottom for more info on ‘what are capital gains’ and/or view our more.
Capital gains tax is a tax levied on the profit earned from the sale of assets such as stocks, bonds, real estate, and other investments. Single tax filers can benefit from the zero percent capital gains rate if they have an income below $47,025 in 2024.
