
Taxpayers who sell a home may qualify to exclude from their income all or part of any gain from the sale. Below are some things taxpayers should keep in mind when selling a home:
Ownership and use.
Ownership and use.
Accounting Partners, Inc. |
![]() Taxpayers who sell a home may qualify to exclude from their income all or part of any gain from the sale. Below are some things taxpayers should keep in mind when selling a home: Ownership and use. To claim the exclusion, the homeowner must meet the ownership and use tests. During a five-year period ending on the date of the sale, the homeowner must have:
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Judy SullivanCategories |
Accounting Partners, Inc.
cash, check, credit card, invoice
100 W Nichols St
Spring Hill, KS 66083
Phone: 913-592-3751
Fax: 913-592-3753
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