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Sale of Second Home
I sold a house in 2025 in NY - not my principal residence.
I know I will owe a good deal of capital gains tax on my federal tax return. I have been sending advanced payments so I won't be hit with an underpayment penalty.
Does NY have a similar underpayment penalty? I am considered a part time (80 days/year) resident there
‎November 26, 2025
1:44 PM