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Deductions & credits
@Mary0111 wrote:
.....Will it know to not allow me the $500,000 exclusion again?
No. If your total gain exceeds the $500,000 exclusion amount, you will have to make an adjustment on one of the Home Sale Worksheets in order for the excludable gain to remain at the maximum allowable total of $500,000 on Form 8949.
‎July 9, 2021
9:03 AM