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Message
re: Gains from Sale of House
Posted on 11/28/16 at 2:01 pm to ThatsAFactJack
Posted on 11/28/16 at 2:01 pm to ThatsAFactJack
quote:
Section 121- can you breakdown for the lay person?
You can exclude from income any gain up to $250k (500K if you're married filing joint) on the sale of your principle residence.
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