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

Course Details

Date

Tuesday, March 25, 2025

8:00am – 10:00am

Field of Study

Taxation

Course Number

SU0041

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Basic

Vendor

Surgent McCoy CPE, LLC

Prerequisites

None

Description

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.

Highlights

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

Objectives

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

Designed For

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

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$99.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$149.00
Your Price $149.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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