best answer > Do I have to pay capital gains tax on the sale of my home?- QuesHub | Better Than Quora
  • Do I have to pay capital gains tax on the sale of my home?

    you tax you

    Questioner:Mia Wright 2023-06-13 09:00:31
The most authoritative answer in 2024
  • Benjamin Gonzalez——Works at the International Energy Agency, Lives in Paris, France.

    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 >>
    +119962023-06-14 09:00:31

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