The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/home-sale-tax-exemption-23077451.aspx

Subject:  Home Sale Tax Exemption Date:  9/25/2005  10:39 AM
Author:  brucedoe Number:  80840 of 121095

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.

brucedoe
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us