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When do I need to pay tax on Capital gain from House Sale?
Hi, The sale of my house closes at the end of June. I will make considerable profit, which means I will owe at least 80K in capital gain taxes for Federal and also some for state. Do I need to pay that as an estimated tax payment before the end of Q3? Or can I wait until I file at the end of the year? Thanks.
‎June 8, 2019
12:12 AM