thepinkmonkey
Returning Member

House sale in 2024: Capital Gain?

Hi all-back again with a new question: it looks like I will need to sell my home in 2024. I am 72 and will have AGI below $47,025. Like with a LTCG stock sale, will the house sale be exempt from a CG tax because my income is less than the $47,025?

Thanks to all you smart tax pros,

TPM