y***o
发帖数: 136 | 1 not really.
divorce
multiple birth (twin, triplets, etc...) at one time
relocation
involuntary termination of employment
不用征.
不过免税的maximum gain is prorated. for example, for single, 2 year, 250K, one
year, 125K, 6 months, 62.5K. 超过部份就要征了.
anyway, both fed and state 不会withhold tax if the property is primary
residence and u have a non foreign status in term of taxation. | y***o
发帖数: 136 | 2 if foreign status for taxation purpose, escrow company will have obligation to
withheld 3.x% or some percent (don't remember) of sale price for irs.
if non foreign status for taxation purpose, then
if primary residence, + 2 years living in the property, escrow company doesn't
need to report to irs.
if primary residence, less than 2 years of living, escrow company needs to
report to irs, however, escrow company doesn't need to withhold tax for them.
when u file return, u can either treat the gain |
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