Long Term Capital Gains Tax Rate 2024 Table. In 2024, single filers making less than $47,026 in taxable income, joint filers making less than $94,051, and heads of households making $63,000 or less pay 0%. Proposed revamp of capital gains taxes as per the union budget 2024 1.

The 2024 budget introduces significant changes to capital gains tax, including simplified holding periods and revised rates, effective from july 23. Holding period simplification the budget proposes the revision of the holding periods as per the classification.