Capital gains on selling the house
Hi, My husband passed away a couple of months ago this year. I heard that if I'll need to sell our house this year the tax exemption for capital gains would be $500,000 because I can still file jointly tax for 2023, is it correct? Does this exemption apply to 2024 and 2025? My taxable income each year isn't high, do I still have to pay capital gains on selling the house? Thank you for your help!!
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