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Deductions & credits
It depends on how your closing was written.
Did you get the full sales price, less $10,000 expense, less other closing expense?
That's what it should be, based on what you said.
If your capital gain exclusion ( $500,000 for married) eliminates your taxable amount, you owe nothing and get nothing.
Agents will lie as needed to make the sale happen.
January 11, 2022
7:13 AM