Questions and Answers
What determines the type of tax you pay when you sell or dispose of property?
What is the difference between short-term and long-term capital gains tax?
What is the maximum amount of capital losses you can use to offset ordinary income each year?
What form do you use to report short-term gains and losses from the sale of property?
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What is the maximum amount of gain from the sale of a personal residence that can be excluded from income?
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