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Long term capital gain rate on residence house?

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    #1

    Long term capital gain rate on residence house?

    What is the capital gain rate (for gain over the exclusion) on a residential house held for 20 yrs sold in 2009?
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    #2
    Originally posted by AZ-Tax View Post
    What is the capital gain rate (for gain over the exclusion) on a residential house held for 20 yrs sold in 2009?
    Depends on taxpayer's marginal tax rate; maybe 0%, maybe 15%. Your software should
    sort it out for you.
    ChEAr$,
    Harlan Lunsford, EA n LA

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