2024 Social Security Tax Limit Capital Gains. Capital gains tax rate 2024. Over the past five years or so, the social security tax limit has increased by an average of about $3,960 a year.
There is a proposal to increase the limit of exemption of capital gains on listed equity and equity oriented mutual funds to rs 1.25 lakh per year from rs 1 lakh currently. You may be able to avoid paying taxes on your social security income.
2024 Social Security Tax Limit Capital Gains Images References :