thank you for the great example...just to clarify--1) NOT all the capital gain within the 250K exclusion is tax free and 2) the portion that qualifies is the ra...
yes--I rented for about 5 years and took it back and have lived in it for 4 years now---I understand about the capital gain exclusion amount--but have heard abo...
how do I enter the NY distribution number into box 16? TT kept saying box 14 cannot be equal or less than box 16--distribution..so the community advice is to us...