Primary Residence Exclusion Worksheet

[featured_image]
  • Version
  • Download 64
  • File Size 121.14 KB
  • File Count 1
  • Create Date January 12, 2024
  • Last Updated January 12, 2024

Primary Residence Exclusion Worksheet

Attached Files

FileAction
Primary-Residence-Exclusion-Worksheet-RTS.pdfViewDownload

Recommended Articles

Congratulations! You’ve Got Your Client’s Tax Return… Now What?

Background   Our team is continually reviewing tax returns for our Members. Believe it or not, we really enjoy it. We may be nerdier than most, but a tax return […]

Read More

State Tax Tips for Financial Advisors

When Congress changes federal tax law, it always dominates the headlines, but the IRS' portion of a taxpayer’s income is only part of the story. Every state has their own unique set of tax rules, and it is not enough for financial advisors to be versed in the rules of their home state. Eight states have no individual income tax. For the other states, there are 42 different sets of rules on what type of income is taxed, how it is taxed, at what rate it is taxed and whether where you work or where you live is more important. Then one could wade into local taxes, with nearly 5,000 jurisdictions in 17 states imposing a local income tax, which can treat nonresidents differently than residents.

Read More

Exclusive: Why Not All Income is Created Equal

We all want life to be simpler than it actually is. Your clients are no exception when it comes to how their income is taxed. Many people seem

Read More