If you sell your home for more than you paid for it, you may be subject to capital gains tax on the profit. However, there are certain exemptions and deductions that may apply, such as the primary residence exclusion. Under current tax laws, if you have lived in the home as your primary residence for at least two of the last five years, you may be able to exclude up to $250,000 of capital gains if you are single, or $500,000 if you are married filing jointly.

If you have claimed depreciation on your home as a rental property or business use, you may be subject to depreciation recapture tax when you sell the property. This tax is calculated based on the amount of depreciation you've claimed and can be as high as 25% of the depreciation recaptured.

Depending on the state and local tax laws where the property is located, you may be subject to additional taxes on the sale of your home, such as transfer taxes or recording fees.

It is important to consult with a tax professional or financial advisor before selling your home to understand the potential tax implications and to explore any available deductions or exemptions.

Additionally, it is a good idea to keep detailed records of your home purchase and sale transactions, as well as any home improvements or renovations you have made, as these can impact your tax liability.