Irs Long Term Capital Gains Tax Rates 2024. Married couples filing jointly can qualify with an income of $94,050 or less. Any deficiency for any tax year in which part of the gain is realized may be assessed at any time before the expiration of 3 years from the date you notify the irs director for your area that you have replaced, or intend not to replace, the condemned property within the replacement period.

The red line is close to the top of the 12% tax bracket but they don’t line up exactly. So, the tax rates on the short term gains on transfer of listed assets, the rate has been increased to 20% from 15%.