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Detail
ArtikelThe Home Sale Gain Exclusion  
Oleh: Bryant, Jeffrey J. ; Foran, Nancy J.
Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 194 no. 4 (Oct. 2002), page 85-104.
Topik: SALE; home sale; gain exclusion
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: JJ85.15
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
    Lihat Detail Induk
Isi artikelFor many tax payers their residence is their most valuable asset. With the continuing increase in home prices, the gain realized on a sale could be significant. Provisions of the Tax payer Relief Act of 1997 allow most to exclude from income the gain on the sale of a home without even reporting the transaction on their tax returns. Proposed regulations clarify the requirements for excluding the gain from income and give CPA s opportunities to suggest new tax planning strategies to their clients.
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