- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Using the exception related to a change in job location, you will not qualify to claim the full exclusion of your gain. You may qualify for a partial exclusion that will be based on the time that you did own and live in the house.
As for documentation, you should have new W-2s and paperwork showing that you have changed residence to a new location, but it is unlikely that you would be required to provide any additional documentation. Qualifying for a partial exclusion would not be considered a loophole to be concerning especially since the exclusion is only allowed one time in any two-year period.
For your reference, this topic is discussed in IRS Publication 523, Selling Your Home.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 13, 2021
11:59 AM