Online House Hunting

State Tax consideration on house sale?

I understand house sale is tax exempt Federally up to $250k per owner, as long as you have lived in it for 2yrs out of last 5yrs. But what does the state, use PA, charge, if anything?

Public Comments

1. It's only considered federally for capital gains tax, not income tax. If your state, doesn't have a capital gains tax, and I don't know of any that do, then you wouldn't pay any state tax on the sale.