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Updated about 7 years ago on . Most recent reply
Capital gains tax exclusion for CA
A simple question--I am fairly familiar with the 500k capital gains exclusion rule that is for properties lived in 2 out of 5 years. My question is around what tax goes into that 500k calculation--only federal tax? CA state tax too? Anything else?
On another level, could someone recommend a good website that details out all the taxes I would expect to pay when I sell a home in CA?