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  • Re: I sold personal real estate for the first time. Income from the sale is going for upgrades to my primary residence. Do I owe capital gains tax?
Bsch4477
Level 15 Bsch4477
Level 15
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Deductions & credits

No, it’s not true. You will have to pay capital gains. 

‎August 28, 2023 12:41 PM
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