Do senior citizens have to pay capital gains tax?

Oliver Davis | 2023-06-13 09:00:23 | page views:1513
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Sophia Lewis

Studied at Yale University, Lives in New Haven, CT
When you sell a house, you pay capital gains tax on your profits. There's no exemption for senior citizens -- they pay tax on the sale just like everyone else. If the house is a personal home and you have lived there several years, though, you may be able to avoid paying tax.Jun 27, 2017
2023-06-17 09:00:23

Aiden Wilson

QuesHub.com delivers expert answers and knowledge to you.
When you sell a house, you pay capital gains tax on your profits. There's no exemption for senior citizens -- they pay tax on the sale just like everyone else. If the house is a personal home and you have lived there several years, though, you may be able to avoid paying tax.Jun 27, 2017
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