Q . Can we file jointly and me still file a capital gains exclusion on my home even though he filed on his home sale exclusion than 2 years ago?
A. Yes. Your limit for the capital gain exclusion, on your home sale, is $250,000, the same as a single person would get. The fact that you are filing a joint return does not prohibit you from claiming your own capital gain exclusion. What you cannot claim is the up to $500,000 exclusion married people can claim.
There are several reasons that you are limited to $250,000.
