The article discusses the feature of Internal Revenue Service rule allowing taxpayers to exclude percentage of gain from sale of primary residence based on special needs of disabled mother-in-law in the U.S. It permits the taxpayers to exclude a certain number of gains from the sale of home ...
Sec. 121 Exclusion of Gain from Sale of a Principal Residence. 121 of the U.S. Internal Revenue Code which concerns tax exclusion from the gain on the sale or exchange of a principal residence. It notes that the... Lovinger,Sarah - 《Tax Adviser》 被引量: 0发表: 2010年 ...
Temporary regulations section 1.121-3T(b) states that, for a taxpayer to claim a reduced maximum exclusion under section 121(c), the sale or exchange of the taxpayer’s residence must be due to a change in place of employment or in health or due to unforeseen circumstances, which ...
Sec. 121 gain exclusion on sale of principal residence cannot be marked to market.(Internal Revenue Code)Kautter, David J
Changes to the Exclusion of Gain on the Sale of Personal ResidenceMatthew R. Hillery
121 of the U.S. Internal Revenue Code which concerns tax exclusion from the gain on the sale or exchange of a principal residence. It notes that the Tax Court discussed the intent of the Congress for Sec. 121 when it gave a ruling on a case involving a house that has been remodeled ...
Taxpayer denied exclusion for gain on the sale of a principal residence.Beavers, James A
Exclusion of Gain From Sale or Exchange of a Principal ResidenceDEPARTMENT OF THE TREASURYCFR Part
Exclusion of Gain From Sale or Exchange of a Principal Residence; CorrectionCynthia E. Grigsby
--- Gross income shall not include gain from thesale or exchange ofproperty if, during the 5-year period ending on the date of the sale or exchange, such property has been owned and used by the taxpayer as the taxpayer's principalresidence for periodsaggregating 2 years or more.Author: B...