Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 04-19-2017, 02:57 PM
Junior Member
 
Join Date: Apr 2017
Posts: 2
Exclude gain on sale of house - 2 year rule

I bought my current house in March 2015 and sold a previous house in April 2015. On my 2015 tax return I excluded the gain on the sale. I am now thinking about moving again. I have met the other rules, but there is a rule about not having excluded the gain on sale of another house within the last two years. My question is this: When does the two years start? Is it 2015 and 2016, so now in 2017 I'm good to go? Or do I need to wait until 2018? Thanks!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Wash sale rule disallows loss from payment of qaruterly dividend less than 1 month prior to sale daedalus Capital Gains 1 08-30-2016 07:41 PM
Roth early withdrawal 5 year rule freehuman Income 1 08-27-2015 12:55 PM
Can I exclude capital gain from profit due to relocation? jonathan For 2013 1 04-15-2014 07:06 AM
How can a Taxpayer meet the Material Participation Rule and avoid the Passive Rule Limitation Rules being applied to activities with losses? TaxGuru Rental Real-Estate 1 08-02-2011 05:12 PM
What does Wash Sale Rule mean and could it apply in my situation? presley Capital Gains 0 01-11-2008 02:55 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.