US Capital Gains Tax Calculator 2024
Calculate taxes on stocks, bonds, real estate, and other investments
💼 Asset Information
📊 Tax Information
💵 Tax Summary
Enter transaction details and calculate
Detailed Calculation Breakdown
2024 Capital Gains Tax Rates
Long-Term Capital Gains (Held > 1 Year)
- • Single: Up to $44,625
- • Married Joint: Up to $89,250
- • Head of Household: Up to $59,750
- • Single: $44,626 - $492,300
- • Married Joint: $89,251 - $553,850
- • Head of Household: $59,751 - $523,050
- • Single: Over $492,300
- • Married Joint: Over $553,850
- • Head of Household: Over $523,050
Short-Term Capital Gains (Held ≤ 1 Year)
Taxed as ordinary income at your marginal tax rate:
Understanding Capital Gains Tax
📅 Holding Period Matters
The length of time you hold an asset determines your tax rate:
- Short-term: Assets held for 1 year or less are taxed as ordinary income (10-37%)
- Long-term: Assets held for more than 1 year qualify for preferential rates (0%, 15%, or 20%)
💡 Deductible Expenses
You can reduce your capital gain by deducting:
- Brokerage commissions and trading fees
- Transfer taxes and recording fees
- Real estate improvements (not repairs)
- Investment advisor fees directly related to the sale
🏠 Special Rules
Primary Residence: You may exclude up to $250,000 ($500,000 married) of capital gains if you've lived in the home for 2 of the last 5 years.
Net Investment Income Tax (NIIT): An additional 3.8% tax may apply to capital gains if your income exceeds $200,000 (single) or $250,000 (married).
📉 Capital Losses
If you sell an asset for less than you paid:
- You can use losses to offset capital gains
- Up to $3,000 of excess losses can offset ordinary income
- Remaining losses can be carried forward to future years
Disclaimer: This calculator provides estimates for educational purposes only. Actual tax liability may vary based on your complete financial situation, other deductions, credits, and specific IRS rules. Consult with a tax professional for personalized advice.