A homeowner sells her primary residential home and realizes a rofit of

$185,000

. How much tax will this homeowner pay on he capital gains?\ None. Homeowners are exempt from capital gains up to

$250,000

per person every two years.\ None. Homeowners are exempt from taxation on all gains from the sale of their primary residence.\ There is no exemption on income earned; she will pay the capital ains tax on the

$185,000

.\ he will pay the capital gain tax rate on

$15,000

as the exemption mit is

$150,000

.

A homeowner sells her primary residential home and realizes a rofit of $185,000. How much tax will this homeowner pay on he capital gains? None. Homeowners are exempt from capital gains up to $250,000 per person every two years. None. Homeowners are exempt from taxation on all gains from the sale of their primary residence. There is no exemption on income earned; she will pay the capital ains tax on the $185,000. he will pay the capital gain tax rate on $15,000 as the exemption nit is $150,000