Tax Calculator

CAPITAL GAINS TAX CALCULATOR

NET ADJUSTED BASIS CALCULATION
Original purchase price (or original basis)
ADD: Capital Improvements
LESS: Depreciation Taken
ADJUSTED BASIS
CAPITAL GAIN SALES PRICE
Expected Sales Price
LESS: Adjusted Basis
LESS: Cost of Sale (Commissions, Escrow, Etc.)
CAPITAL GAIN

CAPITAL GAIN TAX DUE
ADD: Federal Capital Gains Rate (15%)
ADD: Recapture of Depreciation (25%)
ADD: State Capital Gains Rate Enter Rate: % (CA is 9.3%)
ESTIMATED CAPITAL GAIN TAX		$

Books by Richard T. Williamson