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heilip
New Member

After the sale of primary residence, do both on title report it or the one with higher income? Do I report capital gains for that sale?

It was short of 5 acres
1 Reply

After the sale of primary residence, do both on title report it or the one with higher income? Do I report capital gains for that sale?

Anyone who was a legal owner of the property needs to report the sale on their tax return.