Sale of Primary Residence, IL

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  • DaveinTexas
    Senior Member
    • Jan 2006
    • 731
    #1

    Sale of Primary Residence, IL

    I have a client that sold his primary residence in the state of Illinois. Do any of you know if the state of IL follows the federal law pertaining to the exclusion of gain on your primary residence?

    Any help would be appreciated.
    Circular 230 Disclosure:

    Don't even think about using the information in this message!
    Tags: None
    • Acownt4it
      Senior Member
      • Aug 2005
      • 274
      #2
      see 8 posts below

      Illinois follows Feds.
      Noel
      "Some cause happiness wherever they go; others, whenever they go."- Oscar Wilde

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        • DaveinTexas
          Senior Member
          • Jan 2006
          • 731
          #3
          holy moly

          thank you. It's been a long week.
          Circular 230 Disclosure:

          Don't even think about using the information in this message!

            Comment

            • Acownt4it
              Senior Member
              • Aug 2005
              • 274
              #4
              No Problem

              I know what you mean.

              11 more days!!
              Noel
              "Some cause happiness wherever they go; others, whenever they go."- Oscar Wilde

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