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No. of Recommendations: 1 has a good calculator for estimating taxes. Check your tax liability for single and married. To avoid any unpleasant surprises next year set your withholding for the higher. Depending on your incomes, it could be either married or single.

Real estate purchases do not always occur on schedule. How much of a deduction you will receive for the house depends on when you actually complete the sale and any points paid for the mortgage. You can revise your withholding once you have purchased the house.

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