Announcement

Collapse
No announcement yet.

sale of personal residence in Maine

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    sale of personal residence in Maine

    Does the state of Maine recognize the Federal exclusion of gain on the sale of a personal residence? Also, does it make any difference if the taxpayer is a nonresident of Maine at the time of sale?

    #2
    Sale of personal residence

    Maine conforms to the federal rules regarding the exclusion of gain on the sale of a personal residence. It does not matter whether the taxpayer is a resident or a nonresident at the time of sale. Maine Code Sections 5121 and 5122.

    Comment


      #3
      I agree

      I agree with her.

      Comment

      Working...
      X