when selling house I want to take advantage of the 1997 taxpayer relief act

that act lets me exclude $250k for single person OFF the capital gains. How do I indicate this in esplanner

Comments

dan royer's picture

Hi Gary,

This exclusion is programmed into the software so there's nothing you need to do to take advantage of that cap gains tax relief.

Best,

Dan

dan royer's picture

You also have an Alt Min Tax applied that year.

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