- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
What are the capital gain rates for selling a home in CA that has over $500k in long term gains? First $500k is tax free, but how is the remaining profit of $1.5m taxed?
Have owned & lived in this home for 20+ years.
Topics:
June 5, 2019
11:11 PM
Anonymous
Not applicable
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
depending on your taxable incoem, a maximum federal tax of 20%, but the gain could push you into AMT.
June 5, 2019
11:11 PM