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calculating taxes

Taxes on Selling a House: What All Homeowners Should Know

Will the IRS want a piece of your home sale proceeds?


[Updated: Mar 08, 2021 ] Jan 22, 2020 by Matt Frankel, CFP

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Long-Term Capital Gains Tax Rate Single Filers (taxable income) Married Filing Jointly Heads of Household Married Filing Separately
0% $0 - $40,000 $0 - $80,000 $0 - $53,600 $0 - $40,000
15% $40,000 - $441,450 $80,000 - $496,050 $53,600 - $469,050 $40,000 - $248,300
20% Over $441,450 Over $496,050 Over $469,050 Over $248,300

Data source: IRS

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