I have sold some land that was gifted to me by a family member. I am currently unemployed and want to determine how much I will need to pay in capital gains tax
I have sold some land that was gifted to me by a family member. I am currently unemployed and want to determine how much I will need to pay in capital gains tax
without a lot more info such as holding period and taxable income without the gain and the gain no one can give you an amount. it could range from 0% to over 20%