X hits on this document

Powerpoint document

CCH Federal Taxation Basic Principles Chapter 11 Property Transactions: Nonrecognition of Gains and ... - page 10 / 66

194 views

0 shares

0 downloads

0 comments

10 / 66

CCH Federal Taxation Basic Principles

10 of  66

The owner-spouse occupies the dwelling as a principal residence for an aggregate of at least two of the five years immediately preceding the sale or exchange.  This two-year occupancy requirement can be met either before or during marriage.

Both spouses, while married, occupy the dwelling as their principal residence for an aggregate of at least two of the five years immediately preceding the sale or exchange.

Minimum Two-Year Occupancy:

Maximum $250,000 Exclusion

Maximum $500,000 Exclusion

Three Requirements:

Sale of Home by Married Taxpayers— General Rules

Chapter 11, Exhibit 2c

Document info
Document views194
Page views196
Page last viewedWed Jan 18 06:51:30 UTC 2017
Pages66
Paragraphs719
Words5391

Comments