what are the capital gains taxes in Utah?

Asked by Scally, East Central, Salt Lake City, UT Sat Oct 16, 2010

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4
Bob Whitney, , Salt Lake City, UT
Sun Oct 17, 2010
Depending on the type of property, it's use and length of ownership will impact your capital gains. You should consult your accountant to confirm your tax consequences. Typically 5% is the Utah state long term (property held over 1 year) tax rate and 15% is the Federal rate.
0 votes
Robert Alexa…, , Salt Lake City, UT
Sat Oct 16, 2010
The Utah Capital Gains Tax rate is 5%.

Robert Alexander Jones
http://www.williams-alexander.com
0 votes
Cathy Mooney, Agent, SALT LAKE CITY, UT
Sat Oct 16, 2010
The same as where you are. The capital gains tax originates with the federal government.
0 votes
Ruth and Per…, Agent, Los Gatos, CA
Sat Oct 16, 2010
http://incometax.utah.gov/credits_capitalgains.php

check the above web site out.

Good luck.
Perry
Web Reference:  http://www.ruthandperry.com
0 votes
I bought a home one year ago, during this time i got divorced, can i sell this home and get into something else without capital gains tax?
Flag Fri Jan 13, 2017
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