It depends on how long you owned and lived in the home before the sale and how much profit you made. If you owned and lived in the place for two of the five years before the sale, then up to $250,000 of profit is tax-free. If you are married and file a joint return, the tax-free amount doubles to $500,000.The law lets you exclude this much otherwise taxable profit from your taxable income.f you owned and lived in the place for two of the five years before the sale, then up to $250,000 of profit is tax-free. If you are married and file a joint return, the tax-free amount doubles to $500,000. The law lets you exclude this much otherwise taxable profit from your taxable income.
When baking a tail wrapped in foil, use 375Â° as the heat setting and bake the fish for 20-22 minutes. â Salmon Steak. Steaks of course are much thicker than a fillet. For each 1â³ of thickness, figure on 10 minutes of baking time. Steaks should be baked uncovered at exactly 400Â°.
Photo Credit Jason Politte/Demand Media. Put an oven rack on the middle tier. Turn the oven on to 250 degrees Fahrenheit about 15 to 20 minutes before cooking to preheat. Slowly baking salmon at a low temperature is an effective way to melt the fat in a large cut, yielding a moist and succulent piece of fish.ow to Bake Salmon in the Oven Per the Pound. How to Bake Salmon in the Oven Per the Pound Photo Credit Jason Politte/Demand Media. Baked salmon is a healthy entree that's simple to cook and versatile enough that you can find plenty of recipes to prepare without ever tiring of this fish.