Business
Capital-Gains Tax Hits More Home Sellers - The Wall Street Journal
The $500,000 exemption for home sales hasn’t changed since 1997
By: The Wall Street Journal
- May 05 2024
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Selling a home is now so profitable that many more Americans are getting hit with an unexpected tax bill.
Roughly 8% of 2023 home sales brought windfalls over the $500,000 limit for couples to be ex… [+215 chars]