Hello, my mother has been a widow for 25 years, and has recently sold her home. Her husband lived in the home with her for 21 years before his death. She continued to live in the home until now, 2023. When she files her taxes for 2023, will she qualify for the $500,000 capital gain tax exemption, the $250,000 exemption, or something in between?
Looking forward to some help in this matter. Thanks in advance for the advice.
