glark1
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Thanks for the link. The qualification is valid in this case for $250000. Truthfully, I am looking for ways to reduce the tax burden from the sale for a relativ...
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I thought so. Was hoping there was a way to defer the taxes over a longer period...
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Thanks, but the gains were more. After adjusting original cost basis and taking the 250,000 credit, there is a taxable gain of 168,000. Not buying another home,...
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Thank you. Note sure how this thread handles replies, so this is what I posted on the final entry:<<Thank you to all who took the time to answer! I can't believ...
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Thank you to all who took the time to answer! I can't believe I misread that chart last year. Sheesh.Looks like I have some work to do to find all the improveme...
Activity Feed for glark1
- Posted Re: Home sale capital gains on Get your taxes done using TurboTax. March 8, 2023 3:43 PM
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- Posted Home sale capital gains on Deductions & credits. March 5, 2023 11:05 AM
- Posted Re: Capital Gains Tax Rate on sale of home for low income household 2022? on Get your taxes done using TurboTax. February 28, 2023 1:22 PM
- Posted Re: Capital Gains Tax Rate on sale of home for low income household 2022? on Get your taxes done using TurboTax. February 28, 2023 1:20 PM
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- Posted Re: Capital Gains Tax Rate on sale of home for low income household 2022? on Get your taxes done using TurboTax. February 28, 2023 12:02 PM
- Posted Capital Gains Tax Rate on sale of home for low income household 2022? on Get your taxes done using TurboTax. February 28, 2023 11:36 AM