As you can imagine, the taxes on a home sale could theoretically be a small fortune, enough to almost scare you away from selling at all. So if you're looking to be proactive and prepared ...

Home sales can be subject to capital gains taxes, but there are ways to limit or avoid a big tax bill. Many, or all, of the products featured on this page are from our advertising partners who ...

Luckily, there is a tax provision known as the "Section ... which details the home sale. This form is used to report proceeds from real estate transactions, and the IRS says you must include ...

The survivor’s tax basis in the home jumps to $565,000 (his ... on your tax return for the year of the sale. Follow the instructions on Form 8949 for electing deferral and reporting the deferred ...