If gain is less then $250,000 (single) and is eligible for exclusion - what form if any does this have to be reported on?
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Selling Main Home
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Originally posted by jersey View PostIf gain is less then $250,000 (single) and is eligible for exclusion - what form if any does this have to be reported on?
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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