British Expats

British Expats (https://britishexpats.com/forum/)
-   Moving back or to the UK (https://britishexpats.com/forum/moving-back-uk-61/)
-   -   IRS tax on property sale form 8288 (https://britishexpats.com/forum/moving-back-uk-61/irs-tax-property-sale-form-8288-a-891363/)

audio Feb 9th 2017 5:59 pm

IRS tax on property sale form 8288
 
I am leaving the US and I have just discovered the IRS will withhold 15% of the sale price of my home for taxes. I am not talking about capital gains.
It's very complicated and I must look into it a bit more but my advice is don't plan to buy a property in the US until you have studied all the taxes.

Jerseygirl Feb 10th 2017 12:20 am

Re: IRS tax on property sale form 8288
 
No idea why this has been posted in the U.K. Forum. As you have opened a similar thread in the US forum I am closing this thread.


All times are GMT. The time now is 2:36 pm.

Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.