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-   -   Tax on sale of primary home (https://www.askmehelpdesk.com/showthread.php?t=198077)

  • Mar 24, 2008, 12:03 PM
    jrgm13
    Tax on sale of primary home
    Is there a federal tax exemption on the sale of primart home ?
  • Mar 24, 2008, 12:07 PM
    ScottGem
    You can exclude up to $250K ($500K for married filing jointly) if you have occupied the house for 24 of the past 60 months.
  • Apr 9, 2008, 11:24 AM
    jrgm13
    Yes you helped . Thanks. Do you know if there would be Iowa income tax on the sale of the primary home?

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