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Challenge #362: Capital Gains Tax when Selling a Home

DataCruncher3
7 - Meteor

Cleaning and transforming the data took most of the time. Otherwise a fun challenge to solve.

 

Spoiler
Screenshot 2023-04-17 115156.png

lanclot23
7 - Meteor
Spoiler
362.PNG

amanda_payne
8 - Asteroid
Spoiler
Capture.PNG

CammyPhillips
8 - Asteroid
Spoiler
CammyPhillips_0-1682422028941.png

 

BSilverblatt
8 - Asteroid

Thanks for the challenge! Here's my solution:

bjkay30
8 - Asteroid
Spoiler
bjkay30_0-1682688481417.png

 

elena_mazareanu
8 - Asteroid

Solved

Carolyn
8 - Asteroid

Completed

 

What seems strange to me is how we're using the Capital Gains Exclusion to calculate if the gains are taxable or not, but then for the tax calculation, it's calculated without the CG Exclusion. The chain of logic doesn't make sense to me (which others have called out)

boglarkalipka
8 - Asteroid

solved

karlhansen
9 - Comet
Spoiler
solution_362.jpg

 For me the challenge wording was confusing, but I finally hacked my way to a matching solution.