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: http://www.passkeyonline.com. All rights reserved. PassKey Publications, PassKey Learning Systems and PassKey EA Review are US Registered Trademarks.

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