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2. Capital gains tax on real estate and selling your home - AOL

   www.aol.com/finance/capital-gains-tax-real...

   You can sell your primary residence and avoid paying capital gains taxes on the first $250,000 of your profits if your tax-filing status is single, and up to $500,000 if married and filing jointly.

3. Calculating Your Capital Gains Taxes - AOL

   www.aol.com/finance/im-selling-home-netting-750k...

   If you sell your primary residence the IRS allows you to exempt a certain lifetime amount of profit from taxes. Single taxpayers can exempt the first $250,000 of capital gains from the sale of ...

4. Ask an Advisor: I'm Selling My Home for $750k-How Much ... - AOL

   www.aol.com/finance/aaa-im-selling-house-netting...

   Figuring capital gains tax that may be owed on a home sale depends on several factors. One is whether you meet the criteria for excluding $250,000 for single filers and $500,000 for couples filing ...

5. Downsizing for Retirement: Will My $620k Profit on My House ...

   www.aol.com/im-selling-house-downsize-retirement...

   When you sell your primary home, the IRS allows you to exclude a significant portion of the profit from your taxes. This exclusion – $250,000 for single filers and $500,000 for married, joint ...

6. I'm Downsizing for Retirement. I'll Net $480k Selling My ...

   www.aol.com/im-selling-house-netting-480k...

   You can’t exclude any of the gain and you’ll likely owe capital gains tax of 20% of the $480,000, or $96,000. Scenario Four: You haven’t owned the home for at least a year.

7. Capital gains tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Capital_gains_tax_in_the...

   Beginning in 1942, taxpayers could exclude 50% of capital gains on assets held at least six months or elect a 25% alternative tax rate if their ordinary tax rate exceeded 50%. [11] From 1954 to 1967, the maximum capital gains tax rate was 25%. [12] Capital gains tax rates were significantly increased in the 1969 and 1976 Tax Reform Acts. [11]

8. Capital Gains Tax Rates for 2023-2024 - AOL

   www.aol.com/finance/capital-gains-tax-rates-2023...

   Say, for example, that you and your spouse file jointly and earned $150,000 in 2023. During this period, you also sold a rental property and have a long-term capital gain of $50,000.

9. How Much Will Capital Gains Tax Bite Into Your Real Estate ...

   www.aol.com/much-capital-gains-tax-real...

   Short-term capital gains are from selling assets you’ve held for less than a year. ... you can calculate your depreciation deduction by dividing your rental property value by 27.5 (commercial ...