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Get your taxes done using TurboTax
1) You can use either mailing address. The address is only used for correspondence from the Department of Revenue so whoever will open the mail and read it would be the address to use.
2) If only one of you lived in the house, then you would only be able to take the $250k.
3) Yes, you would be able to take the $250K on each house you sold and lived in separately
4) No. You can only take the exclusion for the house you live in. If you live separate, your exclusions are separate. The difference would be if you sold one house, then that person took the $250,000 exclusion, then you both live in the second house for more than 2 years, and then you could take the $500,000 exclusion.
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‎April 24, 2024
2:19 PM