Irs.Gov 2024 Long Term Capital Gains Rates. It applies only to individuals with at least $100 million in wealth who do not pay at least a 25% tax rate on. How much capital gains tax will you pay?

Capital gains are the profits you get when you sell an asset. Gain or loss on the business or rental part of the property may be a capital gain or loss or an ordinary gain or loss, as discussed in chapter 3 under section 1231 gains and.