Home sale capital gains estimator
Estimate the taxable gain on a home sale. Not tax advice.
Estimated tax
$0No taxable gain: the exclusion covers all $359,000.
- Adjusted basis$346,000
- Amount realized$705,000
- Gain$359,000
- Exclusion$359,000
- Taxable gain$0
- Federal tax$0
- State tax$0
Tax assumptions
- Long-term rates: 0% up to $98,900 of taxable income, 15% up to $613,700, 20% above (assumed 2026 married filing jointly breakpoints).
- The gain is stacked on top of the ordinary taxable income entered.
- Primary-home exclusion up to $500,000 (lived there 2 of the last 5 years).
- Net investment income tax of 3.8% on the taxable gain above $250,000 of income.
- State tax at a flat 5% on the taxable gain.
- Assumes the home was held more than a year.
- Estimate, not tax advice.
Your name, photo and phone number go on it.
Questions
Who qualifies for the exclusion?+
Generally, owners who lived in the home as their main home for 2 of the last 5 years. There are exceptions. Have the seller confirm with a tax professional.
Does it include state tax?+
Only if you enter a state rate. It's an estimate, not tax advice.