Anissa Merrielle

Capital Gains Tax 2024 Married Filing Jointly In India. The central board of direct taxes (cbdt) has issued frequently asked questions (faqs) dated 24 july 2024, clarifying certain points in relation to the capital. If you meet those rules, you can exclude up to $250,000 in gains from a home sale if you’re single, and up to $500,000 if you’re married filing jointly.

For married couples filing jointly, the adjustments were similarly significant: Qualifying widow(er) with dependent child: