Skip to content
TaxMamaTaxMama
  • Newsletter

    Subscribe to the TaxMama® Newsletter

    * indicates required

  • Student Login
  • Become An Enrolled Agent (EA)
  • Forum Membership
  • Ask A Tax Question
  • Latest Tax Quips
  • Books, Courses, Resources
  • About
    • Eva Rosenberg, EA, MBA – Press Page
    • Contact Taxmama®

Tag Archives: code sec 121

*Tax Quips, Capital Gains Tax, Death, Estates and Trusts, Homeowners, Principal Residence, Step-Up in Basis

Personal Residence Exclusion after Death

Posted on March 20, 2012 by TaxMama

Today TaxMama® hears from Tina in the TaxQuips Forum with this convoluted question. “A person has resided in the same one-family residence in for the last ten years without any children or wife. This person was bound into an estate contract to sell his residence for $800,000 in November, 2011 when his tax basis in […]

Continue reading →
Posted in *Tax Quips, Capital Gains Tax, Death, Estates and Trusts, Homeowners, Principal Residence, Step-Up in Basis  |  Tagged *Tax Quips, best, Business/Finance, Capital gains tax, code sec 121, CPA, Death, decedent, Estate Tax, Executor, Fair market value, Finance, fiscal follies, Free, Income tax, Income tax in the United States, Internal Revenue Service, IRS News, jokes, Money Funnies, personal residence exclusion, Political economy, Property tax, Public economics, Real property law, step-up in basis, Stepped-up basis, Tax, tax answers, tax blogger, tax humor, Tax Information, tax jokes, tax podcast, tax questions, tax tips, tax writer, Taxation, TaxMama, terrific, top, USD Leave a comment
  • TaxMama on Twitter
  • TaxMama on YouTube
  • TaxMama, Eva Rosenberg on Linkedin
  • TaxMama on Facebook
  • TaxMama on Google+
  • TaxMama RSS Feed
  • TaxMama Interviews with Jim Blasingame
  • TaxMama Articles on Taxbuzz
  • Our Privacy Policy
  • Legalese & Disclaimer
  • Press Page
Library of Congress - ISSN 1532-0790 Copyright 2011-2022 © Eva Rosenberg
  • Student Login
  • Join
  • Become An Enrolled Agent (EA)
  • Forum Membership
  • Ask A Tax Question
  • Latest Tax Quips
  • Books, Courses, Resources
  • About
    • Eva Rosenberg, EA, MBA – Press Page
    • Contact Taxmama®