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Capital gains and over 1 year in house, less 2 complete years
We sold a home in Colorado March 2023, moved to Nevada bought hose March 2023. Moving back to Colorado, selling Nevada home in November or December 2024. What are the penalties for capital gains since it will be less than 2 years? Looks like on Turbo Tax last year when I did taxes we (married filing jointly) did not have a gain or loss. The worksheet amount for column h is zero.
‎October 27, 2024
7:50 AM