The capital gain on the sale of your primary home is not taxable (up to
$250K, $500K married). To be eligible you must have lived in and owned the home
for at least 2 out of the 5 year prior to sale. You do not even need to report
it on your tax return, unless you got a tax document, usually a 1099-S. The
1099-S may have been included in your closing documents.
