by Maverick on November 4th, 2008

Maverick

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My Wife will be receiving money from the sale of her parent's home in which she owned a 33% stake. The home is in RI and 6% state withholding is being retained by the state. What would her capital gains tax be? She is a Connecticut resident.

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Answers. 1 helpful answer below.

  • by Skirtsnhose on November 7th, 2008

    Skirtsnhose

    Federal long-term capital gains rate is currently 15%. I do not know if CT would impose an additional capital gains tax.

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You're reading My Wife will be receiving money from the sale of her parent's home in which she owned a 33% stake. The home is in RI and 6% state withholding is being retained by the state. What would her capital gains tax be? She is a Connecticut resident.

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