rjs
Level 15
Level 15

Deductions & credits


@nthompson406 wrote:

I recently got a job about 60 miles away from my previous one.


The distance between the old job and the new job doesn't matter. In order to be eligible for the partial exclusion of gain (what NCperson called the prorated exemption), the distance from the home you are selling to your new job has to be at least 50 miles more than the distance from the home to your old job.


IRS Publication 523, Selling Your Home, explains all the rules for the exclusion of gain.