Seems even more complicated than that. It's only on $250k in gains, or $500k if ... | Hacker News

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Scoundreller on Sept 19, 2019 | parent | context | favorite | on: Switzerland in the age of automatic exchange of ba...

Seems even more complicated than that. It's only on $250k in gains, or $500k if you're a couple filing jointly.

It's a lot of money, but if you bought a house in Canada in Toronto/Vancouver 30 years ago, you'd be paying US CGT on its sale.

And can a US-citizen/non-US-citizen couple still file jointly?

generatorguy on Sept 19, 2019 [–]

In the US you also got to deduct the interest you paid on your mortgage from your taxable income for 30 years.

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