Capital Gains Tax Calculator Matt

Capital Gains Tax Calculator – Matt

We are not tax advisors, this information is for you to review with your tax counsel

Deal Type

Property Type

Marital Status:

Owner’s Location

Property Located in

Sales Price

Mortgage Balance

Real Estate Commission

Year Purchased

Cost Basis

Cost of Improvements

Cost Basis

Depreciation

Net Adjusted Basis

Taxable Gain

Homeowner’s Exclusion

Total Subject to Tax

Depreciation Residential

Depreciable Amt (70%)

Annual Depreciation

Depreciation taken to date

Depreciation Commercial

Depreciable Amt (70%)

Annual Depreciation

Depreciation taken to date

Federal Tax Calculation

Federal Cap Gains Due

State Tax Calculation

Taxable Gain

Taxable Gain after HOE

CA 13.3%

State Tax Due

Net Investment Income Tax

Taxable Amount

Tax Rate

Total

Projected Tax Bill

Depreciation Recapture 25%

Total Tax Bill

Percentage to Tax

Debt over basis tax?

Existing Mortgage minus Adj. Basis

Possible additional tax

We are not tax advisors, this information is for you to review with your tax counsel

Cost Basis

Depreciation Residential

Depreciation Commercial

Federal Tax Calculation

State Tax Calculation

Net Investment Income Tax

Projected Tax Bill

Debt over basis tax?

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