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Deductions & credits
If you are moving due to a recognized hardship, you may be able to take a partial gains exclusion—that would exclude 18/24ths (or 21/24ths if you sell in 3 months) of the gain. If not, then all your gain is taxable at the long term cap gains rate of 15% in most cases. If your gain is really $150K, that's about $22,500.
May 31, 2019
5:41 PM