topic I've sold some American Funds to use as a down payment for a second home in 2016. Is there a way to avoid paying income tax on the sale? in Deductions & credits

topic I've sold some American Funds to use as a down payment for a second home in 2016. Is there a way to avoid paying income tax on the sale? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-ve-sold-some-american-funds-to-use-as-a-down-payment-for-a-second-home-in-2016-is-there-a-way-to/01/459445#M58662 Tue, 04 Jun 2019 23:25:27 GMT galenmfunkhouser 2019-06-04T23:25:27Z I've sold some American Funds to use as a down payment for a second home in 2016. Is there a way to avoid paying income tax on the sale? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-ve-sold-some-american-funds-to-use-as-a-down-payment-for-a-second-home-in-2016-is-there-a-way-to/01/459445#M58662 Tue, 04 Jun 2019 23:25:27 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-ve-sold-some-american-funds-to-use-as-a-down-payment-for-a-second-home-in-2016-is-there-a-way-to/01/459445#M58662 galenmfunkhouser 2019-06-04T23:25:27Z If you had a capital gain on the sale, do not have offset... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-had-a-capital-gain-on-the-sale-do-not-have-offset/01/459454#M58663 If you had a capital gain on the sale, do not have offsetting capital losses or a capital loss carryover, and are in a tax bracket in which the capital gains tax rate is more than zero, you will pay tax  the sale. Tue, 04 Jun 2019 23:25:29 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-you-had-a-capital-gain-on-the-sale-do-not-have-offset/01/459454#M58663 Zbucklyo 2019-06-04T23:25:29Z