Personal Residence Exemption is a tax exclusion under IRC Section 121 on gains from the sale of a primary residence, up to $250,000 for single filers and $500,000 for joint filers.
Personal Residence Exemption
Personal Residence Exemption is a tax exclusion under IRC Section 121 on gains from the sale of a primary residence, up to $250,000 for single filers and $500,000 for joint filers.
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