Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of a primary residence? Thank you for the help?

TTufts — Thu, 15 Jan 2026 00:28:23 GMT

Re: Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of ...

DaveF1006 — Thu, 15 Jan 2026 00:31:52 GMT

No. The tax law will not change for the 2025 tax year regarding capital gains on the sale of a primary residence. The same exclusions still apply.

Re: Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of ...

xmasbaby0 — Thu, 15 Jan 2026 00:36:50 GMT

The recent tax law changes did not change anything for the sale of a primary residence.

If your gain was more than $250,000 filing Single, or more than $500,000 filing Married Filing Jointly the sale must be reported on your tax return. Whether you re-invested the gain in to another house is irrelevant. If you have a Form 1099-S go to Federal>Wages and Income>Less Common Income>Sale of Home (gain or loss)

If you owned and lived in the home as your primary residence for at least 2 of the last 5 years on the date of the sale, you do not have to report the home sale if the gain is less than $250K filing Single, or less than $500K filing Married Filing Jointly (and you both owned and lived in the home for at least 2 years).

If you are using online TT, you need Premium software to report the 1099-S

topic Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of a primary residence? Thank you for the help? in Get your taxes done using TurboTax

Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of a primary residence? Thank you for the help?

Re: Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of ...

Re: Hello, I was wondering if the tax law changes affect capital gains, specifically the sale of ...