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1. www.irs.gov › publications › p523Publication 523 (2023), Selling Your Home | Internal Revenue ...

   www.irs.gov › publications › p523

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   Download or view the PDF of Publication 523 (2023), which explains the tax rules for selling or giving up ownership of a home. Learn how to figure your exclusion, gain, loss, and taxable amount, and report the transaction on your tax return.

   • About Publication 523, Selling Your Home

     This publication explains the tax rules that apply when you...

   • 2022 Publication 523

     If you meet certain conditions, you may exclude the first...

   • 2022 Publication 525

     your federal tax account, go to IRS.gov/ Account. You can...

   • Publications

     p561.pdf: Publication 570 (2023), Tax Guide for Individuals...

2. www.efile.com › tax-service › formsAll About Publication 523: Selling Your Home - e-File

   www.efile.com › tax-service › forms

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   Learn how to calculate your gain or loss, qualify for home sale exclusion, and report your sale to the IRS with Publication 523. Find out the eligibility criteria, benefits, and key points of this comprehensive guide.

3. www.hrblock.com › tax-center › incomeHome Sale Exclusion | H&R Block

   www.hrblock.com › tax-center › income

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   Learn how to exclude gain on the sale of your home, which is a tax-free profit from selling your main residence. Find out the requirements, exceptions, and forms for home sale exclusion.

4. People also ask

   What is publication 523?

   • Publication 523 explains tax rules that apply when you sell your main home. This publication explains the tax rules that apply when you sell (or otherwise give up ownership of) a home.

   About Publication 523, Selling Your Home - IRS tax forms

   www.irs.gov/forms-pubs/about-publication-523

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   Who is eligible for publication 523?

   • A. Eligibility: Publication 523 applies to any individual or couple who has sold or plans to sell a principal residence (main home). B. Purpose: The publication explains how to calculate your gain or loss on the sale, determine if you qualify for the home sale exclusion, and navigate reporting requirements to the IRS.

   All About Publication 523: Selling Your Home - e-File

   www.efile.com/tax-service/forms/publication-523-selling-your-home/

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   What is a 2022 state tax refund?

   • In 2022, you return an item you had purchased and receive a $500 sales tax refund. In 2022, you also receive a $1,500 state income tax refund. The maximum refund that you may have to include in income is $500, because it's less than the excess of the tax deducted ($9,500) over the tax you didn't choose to deduct ($9,200 − $1,500 = $7,700).

   2022 Publication 525 - Internal Revenue Service

   www.irs.gov/pub/irs-prior/p525--2022.pdf

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   Do I have to refigure my tax return for 2022?

   • If you determined your tax in the earlier year by using the Schedule D Tax Worksheet, or the Qualified Dividends and Cap-ital Gain Tax Worksheet, and you receive a re-fund in 2022 of a deduction claimed in that year, you'll have to refigure your tax for the earlier a year to determine if the recovery must be inclu-ded in your income.

   2022 Publication 525 - Internal Revenue Service

   www.irs.gov/pub/irs-prior/p525--2022.pdf

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