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Deductions & credits
@FranklinFit - there are no tax ramifications as long as you meet the requirements for the tax exclusion.
as stated above, not only does the capital gains have to be no more than $250,000 / $500,000, but you must have OWNED and RESIDED in the home for 2 of the past 5 years.
‎July 16, 2023
3:01 PM