Jerry C
Level 4
02-28-2023
08:27 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Clients sold their home after living in it for 39 years.
On the home sale worksheet, I checked the home sales exclusion since the sale meets all requirements. The individual is single and the gain on sale is less than $250,000. The form is still calculating tax due on the sale. I don't understand why.
Labels