Capital Gains Calculator The current federal limit on how much profit you can make on the sale of your principal residence

Capital Gains Calculator

The current federal limit on how much profit you can make on the sale of your principal residence (that you have held for at least 2 years) before you pay capital gains tax is $500,000 for a married couple and $250,000 for a single homeowner. However, if you are moving due to job relocation, a change in health, or some other unforeseen circumstance, you may be eligible for partial exclusion even if you have owned the home for less than 2 years. There are some limits. Consult your tax advisor.

Capital Gains Calculator
*How much tax will you pay?*
Purchase Price	$
Improvements:	$
Claimed depreciation related to the business use or rental of your home	$
Capital Gains rolled over into your current residence	$
Settlement fees and closing costs (paid on purchase of original home)	$
Sale Price	$
Selling Expenses	$
Federal Tax Bracket
Time Held (in months)
State & Local Tax		%
Is This The Seller's Principal Residence?
For At Least Two of The Last Five Years ?
Marital Status

Gain On Home Sale	$ $ $ $ $
Automatic Exemption
Tax Free Gain
Total Capital Gains Tax Due
Total Net Gain