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Financial Planning / Tax Strategies


Subject:  Home Sale Tax Exemption Date:  9/25/2005  10:39 AM
Author:  brucedoe Number:  80840 of 127745

We have just moved, and I don't have access to things yet. An interesting question came up, will a woman whose husband died more than two years ago still qualify for the $500,000 exemption on sale of her home? The thought was that if the husband died within the previous two years, she would qualify for the $500,000 exemption, but I don't know of this for sure. surely she would qualify if she sold in the year of his death.

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