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    Fiveandjean's Avatar
    Fiveandjean Posts: 4, Reputation: 1
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    #1

    Aug 27, 2014, 08:51 PM
    Federal Taxes on Condo Sell
    I inherited property from a person, was left to me and her son 50/50. I have lived in it for 13 yrs. If we sold it for approx $145,000 split 50/50, approx how much IRS tax would we have to pay each in California state?
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
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    #2

    Aug 28, 2014, 02:05 PM
    Do not double post the same question please.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
    current pert
     
    #3

    Aug 28, 2014, 02:37 PM
    Please copy/paste this question onto the end of your other one, using Answer.

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