cindyropp
New Member

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??