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Home Sale Gain Exclusion not recognized by TurboTax
Married filing Jointly.
Has been primary and only home since 2009.
No prior deductions/depreciation and no expense for home office. No rental income.
Purchase of home at $402,000 in 2009
Sale of home for $935,000 in 2024.
After expenses, gain of $488,500.
Turbo tax states the gain is NOT eligible for the exclusion. I have reviewed the sheet and find no issues.
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‎April 13, 2025
8:47 PM