Ask Terry Archives
By Terry Savage
Bright Start funds not used
Answered on July 24, 2021
Living Trust
Answered on July 24, 2021
IRS tax refunds
Answered on July 24, 2021
Will possible 6.1% COLA on SS make it smarter to claim this year?
Answered on July 19, 2021
Tax refund
Answered on July 19, 2021
401 k — not paying attention, need to roll over
Answered on July 18, 2021
Child tax credit for infant
Answered on July 18, 2021
Social security — wanna bet?
Answered on July 18, 2021
My financial position — bankruptcy?
Answered on July 18, 2021
401K fees
Answered on July 18, 2021
CREDIT REPORTING – UNFREEZE –lost PINs
Answered on July 17, 2021
Social Security & Federal Govt benefits formula
Answered on July 17, 2021
REFINANCING MY MORTGAGE PLUS CHECKING MY CREDIT SCORE
Answered on July 17, 2021
Unemployment identity theft text
Answered on July 17, 2021
Social security for non-working spouse
Answered on July 17, 2021
Refund
Answered on July 17, 2021
Social security checks reduced
Answered on July 17, 2021
Waiting for tax refund
Answered on July 17, 2021
Stock
Answered on July 17, 2021
Taxes on home sale
Answered on July 17, 2021
I seriously doubt you will owe ANY capital gains tax or any other tax on the sale of the house. I don't know what your cost was, but the first $250,000 of gains is tax free! So unless you bought it for much less, I wouldn't worry about taxes. And the current max rate on…