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SusanR2
Employee Tax Expert
Employee Tax Expert
Member profile
J.D. with over 15 years of experience
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  • Re: Capital Gains on Home Sale

    In short, maybe. At the outset, I just want to note that a coop or cooperative apartment qualifies for the capital gain exclusion if it is your main home and y...
    SusanR2
    Updated Jul 16, 2025

  • Re: section to show tax calculation on capital gain/loss

    You have a couple of options that will help you analyze your gains/losses, etc.: First, here's how to print the return with all worksheets whenusing TurboTax O...
    SusanR2
    Updated Jul 16, 2025

  • Solved Re: Severance Pay

    To follow-up on your issue, we as taxpayers are supposed to pay tax as we go through the year receiving income. So, if you know you will not have enough tax wit...
    SusanR2
    Updated May 29, 2025

  • Solved Re: Reduce tax owed from HYSA

    If you owed due to the interest on your Hight Yield Savings Account and you know you will have that income again, then I would suggest you have your employer wi...
    SusanR2
    Updated May 28, 2025

  • Solved Re: Severance Pay

    In short, yes. Typically, when it comes to severance, the employer withholds a flat 22% supplemental wage rate. (Though this can be as high as 37% for amounts...
    SusanR2
    2
    Updated May 29, 2025
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