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re: Does anyone know how I am to be taxed on a home sold?
Posted on 1/12/22 at 6:29 am to Who_Dat_Tiger
Posted on 1/12/22 at 6:29 am to Who_Dat_Tiger
Eligibility Step 4—Look-Back
Determine whether you meet the look-back require- ment. If you didn't sell another home during the 2-year period before the date of sale (or, if you did sell another home during this period, but didn't take an exclusion of the gain earned from it), you meet the look-back requirement. You may take the exclusion only once during a 2-year period.
Determine whether you meet the look-back require- ment. If you didn't sell another home during the 2-year period before the date of sale (or, if you did sell another home during this period, but didn't take an exclusion of the gain earned from it), you meet the look-back requirement. You may take the exclusion only once during a 2-year period.
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