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Joe and Jill are married filing jointly. They sold their home in 2 0 2 0 for $ 8 5 0 , 0 0 0
Joe and Jill are married filing jointly. They sold their home in for $ and want to know how much capital gains tax they are going to have to pay. They originally purchased the home in for $ and lived in it as their principal residence for the entire period of ownership. They paid $ in selling expenses upon the close of escrow in How much of the proceeds will be subject to capital gains tax?
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