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Get your taxes done using TurboTax
Hello zornmela2,
Thanks for joining the event!
You do not need to invest in a new home to avoid a tax bill on the sale of a primary residence.
The sale of a primary home can be a taxable event depending on the length of time you lived in the home, and the amount of money you profited. This article discusses the particulars:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/personal-income-taxes/money-made-home-sa...
Good luck in your new state!
JanetB211
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‎October 25, 2023
10:13 AM
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