You are super knowledgeable. I am impressed and grateful for your response. Got it.
Based on what I learned from you, may I ask you a related but different question?
I also have Capital Loss Carryover short term and long term of $47,000 which was realized when I lived in Virginia. So can I subtract that and report my capital gain of $53,000 (instead of $100,000) for home sale to Virginia?
I look forward to your response soon. Thank you so much.
Warm Regards,
Maureen
