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Home sale capital gains, married filing separately, one spouse claiming $500K exemption

My wife and I always filed separately. I am self employed and have lower tax rate than her. I, alone, always reported all our joint investment accounts' gains and losses.  I accumulated about $360K paper loss. We recently sold our jointly owned home.

Can I, alone, report the home sale as married filing separately, and claim $500K exemption instead of $250K?

If yes, can TurboTax do this or do I need an accountant?

 

Thank you very much!

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Home sale capital gains, married filing separately, one spouse claiming $500K exemption

The $500,000 exclusion is only available if you are filing as Married Filing Jointly.

 

See IRS Publication 523, Selling Your Home - https://www.irs.gov/pub/irs-pdf/p523.pdf

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