@jimob2 wrote:
add on to my question regarding IRS Tax owed for 2021 on home sales.
I relocated from Florida to Washington State for a new job and am currently renting an apartment.
Assuming the gain on the sale of the home is $55,000 and you lived in and owned the home for at least two years in the five year period on the date of sale, you do not have to report the sale on a federal tax return.
The states of Florida and Washington do not have a personal income tax so there are no state tax returns for those states.
