AI responses may include mistakes. For financial advice, consult a professional. Learn more Topic no. 701, Sale of your home | Internal Revenue Service
: If your spouse passed away, you may still qualify for the full $500,000 exclusion if the sale occurs within two years of their death and other criteria are met. AI responses may include mistakes
: Unlike other investments, you cannot deduct a loss from the sale of your personal residence on your taxes. 000 of capital gains.
: Can exclude up to $500,000 of capital gains. AI responses may include mistakes