Capital Gains Account Deadline: What Happens When Funds Remain Unused
Unutilized Capital Gains: Understanding the Tax Implications After 3 Years Dwaraki Bindiganavile and his wife are facing a common dilemma for property sellers: how will their unutilized long-term capital gains (LTCG) in a Capital Gains Account be taxed after the three-year window closes in August 2025? In August 2022, Mr. Dwaraki and his wife sold … Read more
