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Deductions & credits
Our home was destroyed by a federally recognized disaster area and I believe in 2014, when our taxes were filed, the gain was deferred but I don’t see where we ever paid the tax on the gains? That was 10 years ago. I’m wondering if we could have been exempt from capital gains as we lived in the home that was destroyed for the prior 15 years? Not sure how or if those returns can be amended?
December 24, 2024
12:01 PM