@Opus 17
Just to be clear. I shouldn’t be taxed federally or locally for capital gains tax? I wouldn’t pay any capital gains tax at all, correct? Because my capital gains is less than $145,000 due to the out of state job exemption?
I get confused when the verbiage for the capital gains tax exemption says partial exemption. Does it say partial exemption. I guess it’s only partial exemption if the capital gains is over. Does my annual income being $76,000 have effect on anything?
