Thread: Capital gains tax question for sale of house
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Old 05-16-2007, 05:13 PM
snowbank snowbank is offline
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Default Re: Capital gains tax question for sale of house
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It must have served as your primary residence for 2 of the previous 5 years. It does not need to be the last 2 years. The exemption is $250K for single/$500K for joint.

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