Ask an Accountant
A free tool by
Hi there! If the home has been her primary residence for two of the last five years, she can probably exclude all or most of the gain.
The IRS allows single taxpayers to exclude up to $250,000 of capital gains on their primary homes ($500,000 if married filing joint), and Oregon has adopted the same exclusion policies as the federal government.
No answer given yet!
Hi there! If the home has been her primary residence for two of the last five years, she can probably exclude all or most of the gain.
The IRS allows single taxpayers to exclude up to $250,000 of capital gains on their primary homes ($500,000 if married filing joint), and Oregon has adopted the same exclusion policies as the federal government.
No answer given yet!
Keeper Staff
Find write-offs.
File taxes.
Keeper helps independent contractors and freelancers discover tax deductions and file taxes.
Get started
