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Get your taxes done using TurboTax
At least the following list of exceptions do not include what you reference in your follow up questions.
Eligibility Step 5—Exceptions to the Eligibility Test
There are some exceptions to the Eligibility Test. If any of the following situations apply to you, read on to see if they may affect your qualification. If none of these situations apply, skip to Step 6.
- A separation or divorce occurred during the ownership of the home. See Separated or divorced taxpayers.
- The death of a spouse occurred during the ownership of the home. See Surviving spouses.
- The sale involved vacant land. See Vacant land next to home.
- You owned a remainder interest, meaning the right to own a home in the future, and you sold that right. See Remainder interest.
- Your previous home was destroyed or condemned. See Home destroyed or condemned—considerations for benefits.
- You were a service member during the ownership of the home. See Service, Intelligence, and Peace Corps personnel.
If you meet the ownership, residence, and look-back requirements, taking the exceptions into account, then you meet the Eligibility Test. Your home sale qualifies for the maximum exclusion. Skip to Worksheet 1, later.
If you didn’t meet the Eligibility Test, then your home isn’t eligible for the maximum exclusion, but you should continue to Does Your Home Qualify for a Partial Exclusion of Gain. See worksheet 1 to find your exclusion.
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March 10, 2025
1:52 PM