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Unfortunately, rolling over the gain into a new primary residence doesn't affect whether it's taxable or not. That said, if all of the following apply, you don't need to report the sale.
If you are required to report your home sale, there will be a space in the software to enter the date sold, Selling Price, and Sales Expenses. You can deduct the items listed below in Sales Expenses. You cannot deduct normal maintenance items, but you can deduct expenses to prepare the home for sale.
Sales expenses are listed in the sellers column of your settlement statement and include:
Sales expenses do not include:
Is the Sale of My Main Home Taxable?
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