Capital Gains Tax 2024 Married Filing Jointly 2024. Use smartasset's capital gains tax calculator to figure out what you owe. If you sell your primary residence, you can exclude up to $250,000 of the profit from capital gains taxes, or up to $500,000 if you’re married and filing jointly, provided you meet certain conditions, allowing you to keep more of the profit from the sale of your home without being hit with a hefty tax bill.

The standard deduction for married couples filing jointly for tax year 2024 rises to $29,200, an increase of $1,500 from tax year 2023. Learn how capital gains are taxed.