Capital Gains Tax Rate 2024 Real Estate. Another provision would raise the tax rate on capital gains and dividends to the same rate charged on ordinary income — but only on annual income exceeding $1 million for couples ($500,000 for. Some measures may hurt badly.

The government has decided to offer a choice to taxpayers in cases of the sale of property acquired before july 23, 2024 — pay the ltcg tax at the rate of 20 per cent with indexation benefit (the old scheme), or pay the 12.5 per cent without indexation benefit (new scheme). For example, say you make $85,000 from your day job.