Is gain on the sale of home counted as taxable income? 0 percent, 15 percent or 20 percent per income tax bracket is based on ordinary income, not capital gain?
Resident NJ, Non-resident NY. Work in both states.What is placed on line 4 of IT-203 Taxable refunds, credits or offsets of state and local income taxes?
Do I have to pay taxes on the gain from the sale of land if I put the gain towards the cost of building a second home if the second home is not finished within a year?