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SaleIRC section 121 allows a taxpayer to exclude up to $250,000 ($500,000 for
IRC section 121 allows a taxpayer to exclude up to $250,000 ($500,000 for certain taxpayers who file a joint return) of the gain from the sale (or exchange) of property owned and used as a principal residence for at least two of the five years before the sale.Sep 30, 2002
The Home Sale Gain Exclusion - Journal of Accountancy
IRC section 121 allows a taxpayer to exclude up to $250,000 ($500,000 for certain taxpayers who file a joint return) of the gain from the sale (or exchange) of property owned and used as a principal residence for at least two of the five years before the sale.Sep 30, 2002
The Home Sale Gain Exclusion - Journal of Accountancy