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cara212000
New Member

I'm trying to enter the information of the condo i sold last year, but it is confusing

 
1 Reply
KenH1
New Member

I'm trying to enter the information of the condo i sold last year, but it is confusing

Most people do not need to report a sale of their home.

If the gain from the sale was less than $250k (single) or $500k (joint) and you owned it for 2 or more years, then do not report the sale.  Any gain would be tax free.

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