Capital Gains Tax Rate 2024. Discover the complexities of capital gains tax rates and how inflation plays a role. The tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held the property sold.
Holding onto an asset for more than a year before selling generally results in a more favorable tax rate of 0% to 20%, whereas assets sold within a year or less of ownership are subject to. Capital gains are the profit from selling an asset,.