Katie B. asked
Me and my business partner, who are both US citizens and not married, own a property in NYC. We plan to sell it, and the capital gain is about 1.6MM dollars. How much is the tax break, and what is the applicable capital gains tax rate for individuals?
October 10th, 2023
Alejandra F. answered
For individual filers, the capital gains tax rate is 15% for taxable income up to $415,050, and 20% ...
October 10th, 2023
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