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Updated over 7 years ago,
Tax on Sale of Primary Home?
I close on the sale on my Primary Residence this week. My question is will I be tax on the sale and if so what's the rate?
I lived at this residence for about 4 year. I did some research and came across Topic 701 on IRS website but I am not sure on the specifics. If any one is familiar with this area feel free to shed a little light for me. Thanks...