
- May 31 2003
- Volume 10
- Issue 10
REFUNDS ON HOME SALES
When the government eased therules on capital gains taxes on homesales back in 1997, the new guidelinesweren't all that clear and manyhome sellers may have paid taxes ontheir profits unnecessarily. If you'reone of them, you may have a windfallcoming from Uncle Sam. If yousold your home in 1999 or beforethen, however, you're out of luck;you need to file an amended returnwithin 3 years of the sale to get abreak, which means an amendedreturn for a 1999 sale would havehad to be filed by April 15 of thisyear. But a home sale in 2000 andafter may qualify; talk to youraccountant to see if it does.
Articles in this issue
about 18 years ago
Psychiatry in Finance Is a Sobering Thoughtabout 18 years ago
Add LTC Insurance to Your Estate Plansabout 18 years ago
Be a Guest at a Classic Hollywood Hotelabout 18 years ago
Get the Scoop on This Summer's US Openabout 18 years ago
Cinema Consults: TWO WEEKS NOTICEabout 18 years ago
In Memorium: Margaret Anderson (February 1, 1931-March 29, 2003)about 18 years ago
Incorporate Rules into Your Market Planabout 18 years ago
Don't Believe in Santa Claus Annuitiesabout 18 years ago
Weigh the Facts in Investing Tendenciesabout 18 years ago
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