Understanding Capital Gains on Home Sale and Whether to Pay Taxes
AmericanTaxService.org is back with the latest topic for American Tax Payers. This time it is about Capital Gains on Home Sale and whether the sellers have to pay taxes or not to the IRS. Taxes are very complicated and due to less access to information many tax payers end up paying taxes unnecessarily. With regards to capital gains and their taxes, there are separate rules post 1997 and prior to 1997. And then there are rules for married couples wherein...
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