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taxable income under 45k with capital gains
I am medically retired, single, with taxable income from government pensions of under $45k
If I understand the rules correctly, I am except from paying any capital gains if my taxable income is under about $45k
I bought the house for $485, put $140k into it, sold for $900k paid $35000 in realtor fees then $15k in moving out of state, $9000 in mortgage expenses, $5k in medical
will turbotax premium be set up to realize this rule for low income??
‎November 26, 2023
7:33 AM