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Get your taxes done using TurboTax
If you meet the requirements to be able to exclude the gain of a personal residence from capital gains, then you do not need to report the sale of your apartment.
If this was your main home for two of the last five years and your gain on the sale was less than $250,000 for filing single, or $500,000 for a married couple filing jointly, you do not include this on your tax return.
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March 1, 2023
6:23 PM