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Challenge #362: Capital Gains Tax when Selling a Home

HBenMatouk
5 - Atom
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mattlennie
Alteryx Alumni (Retired)

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I would have thought the CGT is only payable on the overage after the exclusion?

RobbieA
8 - Asteroid

My solution to 362:

 

braveraj
10 - Fireball
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lanes1
8 - Asteroid

There's definitely ways to do this more efficiently, but this was my stab at it.

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tammybrown_tds
9 - Comet

It took me a minute to figure out what the tax was supposed to be calculated off of.

JamesCharnley
13 - Pulsar
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Matching output without extra thought about tax brackets

jrobiso2
8 - Asteroid

I would have to disagree with the tax conclusions of the "solution", as it appears to tax the seller directly against capital gains and not against Gains - Exclusions - Improvements.

 

In mine, they pay significantly less.

CanalB
8 - Asteroid

Here's my solution

Virgile_Haution
7 - Meteor

Hi all, 

 

Nice one ! 

 

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