Reply To: LT Capital Gain Rate on sale of home

Home Fairmark Forum Taxation of Investments LT Capital Gain Rate on sale of home Reply To: LT Capital Gain Rate on sale of home

#5152
kaneohe
Participant

https://www.irs.gov/taxtopics/tc409

CG rate for MFJ is 15% for taxable income approx. 79K to 489K. Your taxable income is about 80K + 250K = 330K so you fall in that category.
You may also be subjected to the NIIT tax (3.8%) on the the part of the
CG that makes AGI > 250K.