SamanthaCarter
Returning Member

Deductions & credits

I can understand that.  About 20% of the home was used as a home office for 5 of the 15 years we owned it. Even after that, we still fall well under the $500k. The only capital gains it is showing is the $14700 that we paid. And the tax adjustment for that $14700 is $6110. So, nearly 50%.