https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845635#M105461 OR do i have to be married by the end of 2019 AND file jointly next year? Tue, 27 Aug 2019 05:13:37 GMT jeremystroup 2019-08-27T05:13:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845635#M105461 OR do i have to be married by the end of 2019 AND file jointly next year? Tue, 27 Aug 2019 05:13:37 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845635#M105461 jeremystroup 2019-08-27T05:13:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845641#M105462 <BLOCKQUOTE><HR /><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/449613">@jeremystroup</a>&nbsp;wrote:<BR />OR do i have to be married by the end of 2019 AND file jointly next year?<HR /></BLOCKQUOTE> <P>It does not work that way, exactly. While only one spouse has to meet the ownership requirement, <SPAN class="inlinep">each spouse must meet the residence requirement individually (for a married couple filing jointly) to get the full exclusion.</SPAN></P> <P>&nbsp;</P> <P><SPAN class="inlinep">See&nbsp;<A href="https://www.irs.gov/publications/p523#en_US_2018_publink10008952" target="_blank">https://www.irs.gov/publications/p523#en_US_2018_publink10008952</A></SPAN></P> Tue, 27 Aug 2019 06:24:37 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845641#M105462 Anonymous_ 2019-08-27T06:24:37Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845871#M105476 <P>Marriage has nothing to do with this. First, all listed owners on the property deed (of which I assume your bride to be is not listed) must have lived in the house for at least two of the last 5 years they owned it, in order to qualify for the exclusion. So while you may qualify for the $250K exclusion, the other person will not. Being married to you is irrelevant.</P> <P>In some community property states, once married you both have 50% ownership of everything. So listing the spouse on the deed is not necessary. But it does make it easier if audited on your exclusion claim.</P> Tue, 27 Aug 2019 22:19:00 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845871#M105476 Carl 2019-08-27T22:19:00Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845874#M105478 <P>Just so this is clear:</P> <P>&nbsp;</P> <P><EM>For a married couple filing jointly, only one spouse has to meet the ownership requirement.</EM></P> Tue, 27 Aug 2019 22:22:09 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-not-married-right-now-but-i-m-selling-my-house-for-300k-profit-would-i-have-to-get-married/01/845874#M105478 Anonymous_ 2019-08-27T22:22:09Z