marctu
Employee Tax Expert

Retirement tax questions

Assuming the $19K is accurate.  That is a gain of $21K.   Per the tables above that is all 15% long-term capital gains.   Depending upon when you sell the property, you may want to make a third or fourth quarter estimated tax payment for (21K*15%).   

 

Thanks again for the follow up question  @Sedutra 

 

All the best,


Marc 

Employee Tax Expert

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