Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

Chief among them is the capital gains tax, which can apply when a home is sold for more than its original purchase price. When you sell your primary home for more than you originally paid, the ...

President Trump on Tuesday floated the possibility of eliminating the federal capital gains tax on home sales, in a move that would change the way real estate profits are taxed for the first time in ...

This calculator shows how much capital gains tax you will pay on the sale of residential property in the 2024-25 tax year.

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Just when you think things couldn’t get worse for California’s beleaguered taxpayers, a new problem is beginning to emerge that will surprise many homeowners when they sell their primary residences.