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M
makcalif Asked October 2018

TAX filing and capital gain; any advice?

If I sold a property and my capital gain was $11,000. Should I still be filing a tax return or can I skip the return filing as the amount is too low?

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C
cwillie Oct 2018
If in doubt always file, it is better to do a lot of paperwork and owe nothing than to deal with the consequences of not declaring taxable income.
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