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Self-Study

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

Valid for one year from purchase date
Self-study - On-Demand
2 CPE (2 technical)

Course code: 25SS-0380
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If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

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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.

Major subjects

  • General rules relating to the sale of a residence under Section 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

Learning objectives

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

Who should take this program?

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

Pricing

Standard Member Fee $89.00
checkmark Standard Nonmember Fee $89.00
Our records indicate you are a nonmember. If you register, you will be charged $89.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

If your organization is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

Add to cart

More program information

Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level Basic
Format Self-study - On-Demand
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. None
Advance
prep
None

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