| Capital gains | $522,500 |
|---|---|
| Capital gains exclusion (married filing jointly): | -($500,000) |
| Taxable gain | =$22,500 |
| Long-term capital gains tax rate (15%) | x 0.15 |
| CAPITAL GAINS TAX DUE | =$3,375 |
| Capital gains | $522,500 |
|---|---|
| Capital gains exclusion (married filing jointly): | -($500,000) |
| Taxable gain | =$22,500 |
| Long-term capital gains tax rate (15%) | x 0.15 |
| CAPITAL GAINS TAX DUE | =$3,375 |