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?

[Zbucklyo · Accepted solution]

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.