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Investors & landlords
use Turbotax 2022 tax estimator, NOTE IT IS AN ESTIMATE. actual taxes will depend on actual numbers and possibly any changes in the tax laws that affect 2022.
https://turbotax.intuit.com/tax-tools/calculators/taxcaster
depreciation recapture can go as high as 25% but can be lower based on your other taxable income
capital gain can be up to 20% but that too depends on your other income
finally, there are other possible taxes depending on your tax situation such as alternative minimum tax and tax on net investment income
‎October 29, 2022
7:25 PM