Brett Clarine

California Tax Brackets 2024 Capital Gains Tax Rate. The income limits for 0% capital gains may be higher than you expect, gordon said. California does not have a lower rate for capital gains.

The tax rate for a capital gain depends on the type of asset, your taxable income, and how long you held the property sold. The new 14.4% rate is the result of no limit on california’s 1.1%.