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"I think it's going to be a great incentive," Trump said when asked about a bill that could eliminate a tax on primary home ...
The two of you can shelter up to $500,000 of home sales profits from capital gains taxes. Capital gains also can be reduced if you have capital losses — in other words, if you’ve sold stocks ...
Capital gains taxes are back in the spotlight. This time, the chatter on Capitol Hill has to do with rising home prices.
While Trump-era Republicans have cut taxes on wages, business income, corporations and estates, they have left the top capital-gains rate exactly where it sat on Jan. 1, 2013: 23.8%.
An analysis by the National Association of Realtors indicates that homeowners in Massachusetts, Washington, Utah, California ...
Since capital gains tax rates are tied to my income level, I plan my sales around lower-income years whenever possible. In retirement, my income might be lower, meaning I could qualify for the 0% ...
However, as of 2025, Minnesota also imposes a 1% surtax on capital gains for high earners, pushing the effective top capital gains rate to 10.85% for those in the highest bracket.
(California tax law conforms to the federal standard). Importantly, these exclusion amounts have not been indexed for inflation and have remained at $250,000/$500,000 since 1997.