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New Member
posted Mar 1, 2025 7:30:38 AM

Am I able to qualify for a deduction where I sold my primary residence in October of 2024 and I had lived there for 4 years?

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1 Replies
Moderator
Mar 1, 2025 3:15:42 PM

There is no deduction for this, but you can the sale in the Principle Residence section, so that you won't have to pay Capital Gains tax on the home for the time it was your Principle Residence.