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Level 3
March 11, 2022
Solved

Sale of main home exclusion

  • March 11, 2022
  • 1 reply
  • 6 views

I have a client that sold his main home and lived there for only 2 years. Does he still get the exclusion since he only lived there for 2 years and not the two out of five?

 

Thanks

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

If he lived there for 2 years then yes he DID live there for 2 out of the past 5 years.

1 reply

Just-Lisa-Now-
Intuit Community Champion
March 11, 2022

If he lived there for 2 years then yes he DID live there for 2 out of the past 5 years.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
sjrcpa
Level 15
March 11, 2022

What does under 24 mean? 😄

The more I know the more I don’t know.
Level 3
March 11, 2022

Always a smart ass in the crowd.