How Can I Avoid Paying Capital Gains Tax?

Do you have to pay capital gains if you are over 65?

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.

Do Senior Citizens Have to File a Return on the Sale of a House?