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I just sold a property. When are the capital gains due? Is it due now or when I file my 2019 taxes?
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June 7, 2019
5:43 PM
last updated
June 07, 2019
5:43 PM
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I just sold a property. When are the capital gains due? Is it due now or when I file my 2019 taxes?
If you just sold your property -- in 2019 -- you'll report the sale on your 2019 tax return, to be filed next year. Capital gains taxes would be addressed on that return.
June 7, 2019
5:43 PM
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I just sold a property. When are the capital gains due? Is it due now or when I file my 2019 taxes?
should I pay estimated tax at the time of 2018 tax return
June 7, 2019
5:43 PM
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I just sold a property. When are the capital gains due? Is it due now or when I file my 2019 taxes?
If you just sold your property -- in 2019 -- you'll report the sale on your 2019 tax return, to be filed next year. Capital gains taxes would be addressed on that return.
June 7, 2019
5:43 PM
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I just sold a property. When are the capital gains due? Is it due now or when I file my 2019 taxes?
Well that can be correct if... I did further research and found that if the IRS does not have the tax money before you file your next years taxes you will get a penalty. You must be within 90% of what you owe when you file. Thanks for looking that up.
June 7, 2019
5:43 PM
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