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Surgent's Purchase and Sale of a Residence: Critical Tax Issues

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Webcast

2.00 Credits

Member Price $99.00

Non-Member Price $149.00

Overview

Many clients end up selling one or more residences during their lifetimes. Tax practitioners must be aware of the tax rules that relate to such sales in order to assist their clients regarding these sales. This program provides general tax practitioners with the tax rules they need to know to help their clients when they sell a personal residence. This program is a comprehensive survey of the various tax issues associated with the sale of a residence.

  • Course Instructor: Mike Tucker, Ph.D., LL.M., J.D., CPA
  • Highlights

    • General rules relating to the sale of a residence under § 121
    • Sale of a taxpayer’s main home
    • Qualifying for a partial exclusion of gain on the sale of a home
    • How a taxpayer meets the residence requirement
    • Meeting the look-back requirement
    • Separated, divorced, and widowed taxpayers
    • Work-related moves and unforeseeable events
    • Inherited homes and homes received in a divorce
    • Impact of business or rental use of home on the gain exclusion
    • Reporting gain or loss on the sale of a home

    Prerequisites

    None

    Designed For

    Any tax professional who will be advising clients regarding the sale or other disposition of a residence

    Objectives

    • Explain and implement the tax rules relating to the sale of a residence

    Preparation

    None

    Notice

    This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by Surgent. Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.

    Non-Member Price $149.00

    Member Price $99.00