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sale of personal residence>500,000.

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    sale of personal residence>500,000.

    When individuals sell their home for more than the 500,000.00 exclusion, how
    and where is this reported?

    #2
    Sch D. Show the whole sale, then on the next line show Sec. 121 exclusion of $500,000 and show the net L/T gain.

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