TomD8
Level 15

Get your taxes done using TurboTax

<<But why can not you help me calculate if it does not qualify as primary residence?>>

 

To figure out your capital gain tax, determine the amount of your capital gain, then multiply it by the appropriate rate for your tax bracket.  Remember to include the amount of the gain in your income when you're determining your bracket.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.