My husband became disabled and just started collecting social security. We sold a second property a year ago. Will he still have to pay capital gains being disabled?
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1 Best answer
JulieR
Expert Alumni
Jun 3, 2019 11:44:02 AM
Yes, the gain from the sale of your property is taxable, regardless of whether or not you are disabled. The following link provides the information you need to know about Capital Gain or Loss on the sale of an asset you own.
Yes, the gain from the sale of your property is taxable, regardless of whether or not you are disabled. The following link provides the information you need to know about Capital Gain or Loss on the sale of an asset you own.