Daily Archives: September 21, 2016

Paying Taxes on the Sale of Your Home

Normally, taxpayers do not have to pay any income tax on $250,000 ($500,000 if married filing jointly) in profit from selling your home.  However, if you did not own the home for at least two (2) years of the previous … Continue reading

Posted in General | Tagged , , , , , , , | Leave a comment