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    Selling Main Home

    If gain is less then $250,000 (single) and is eligible for exclusion - what form if any does this have to be reported on?

    #2
    Originally posted by jersey View Post
    If gain is less then $250,000 (single) and is eligible for exclusion - what form if any does this have to be reported on?
    See the instruction for Schedule D page 2

    Sale of Your Home
    You may not need to report the sale or
    exchange of your main home. If you
    must report it, complete Form 8949 before
    Schedule D.
    Report the sale or exchange of your
    main home on Form 8949 if:
    You can't exclude all of your gain
    from income, or
    You received a Form 1099-S for
    the sale or exchange.

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