Writing a resume for a professional position? Above is a professional resume sample to use as a reference when writing yours. This resume is for a sales job, however the resume structure can be used for any position. The layout is easy to read and flows well. If youâre still stuck, consider using the below help links for more information.
When you sell a house, you pay capital gains tax on your profits. There's no exemption for senior citizens -- they pay tax on the sale just like everyone else. If the house is a personal home and you have lived there several years, though, you may be able to avoid paying tax. The benefit isn't based on your age, though.
If you are older than 65, you must file if your taxable income is over $11,200. To file as a head of household, you must have at least one dependent and not be married. If you use this filing status, you must file a tax return if you are less then 65 years old and have at least $12,500 in taxable income. If you are older than 65, the threshold increases to $13,950. Married couples can chose to file a joint return or two separate returns.