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.
Generally, once you reach a certain income level, the law requires you to file. The amounts are adjusted annually for inflation. The income amounts also are based on taxpayer age on the last day of the tax year. Individuals younger than age 65 must file if they make certain amounts. The earnings threshold amounts go up a bit for older (65-plus) individuals. Regardless of age, the earnings target is the same for married couples who file separate tax returns. In most situations, your age for tax purposes depends on how old you were on the last day of the year.