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  • Do I have to pay capital gains tax on the sale of my home?

    If you sale tax

    Questioner:Zoe King 2023-06-13 09:00:22
The most authoritative answer in 2024
  • Harper Young——Studied at the University of São Paulo, Lives in São Paulo, Brazil.

    If you owned and lived in the place for two of the five years before the sale, then up to $250,000 of profit is tax-free. If you are married and file a joint return, the tax-free amount doubles to $500,000. The law lets you "exclude" this much otherwise taxable profit from your taxable income.read more >>
    +119962023-06-13 09:00:22

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