2024 UPDATE: Learn the Rules for Excluding Capital Gains from a Home Sale (With Detailed Examples)

Selling a primary residence has the potential to be a tax-free event if the sale meets certain criteria. If you have a capital gain from the sale of your main home, you can exclude from taxable income up to $250,000 of gain-or $500,000 for joint filers- from the sale. This webinar offers detailed examples on which types of sales qualify, as well as how to properly exclude the gain on Form 1040.
Official website: www.passkeyonli.... All rights reserved. PassKey Publications, PassKey Learning Systems and PassKey EA Review are US Registered Trademarks.