What Is The Over-55 Home Sale Exemption
Over-55 Home Sale Exemption Capital Gains Tax Exclusion Definition. Top Models for Analysis what is the over-55 home sale exemption and related matters.. Learn more about the over-55 home sale exemption, which provided qualified homeowners with a one-time tax break but ended in 1997. Guide to Capital Gains Exemptions for Seniors Over-55 Home Sale Exemption | Definition, Benefits, Applications Guide to Capital Gains Exemptions for Seniors. Absorbed in In the late 20th century, the IRS allowed people over the age of 55 to take a special exemption on capital gains taxes when they sold a home....