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124
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Rich Thomas
  • Investor
  • Salem, MA
62
Votes |
124
Posts

Primary residence Capital Gains Exclusion

Rich Thomas
  • Investor
  • Salem, MA
Posted

Hello-

My wife and I are selling our primary residence which we have owned and lived in for 6 years now. I inderstand married taxpayers can exclude up to 500k in capital gains. However I purchased the home prior to being married to I am the only one on the deed. Does my wife need to be listed on the deed for capital gains exclusion?

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