Page 27 - Selling Your Home User Guide

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Subsidies 9 More than one home 3
A exclusion of canceled or forgiven mortgage
debt 1
Armed Service Members 4 Exclusion of gain 3 N
Assistance (See Tax help) Nonresident or resident alien 15
Automatic disqualification 3 F
Away from home 3 O
Federal mortgage subsidies 18
B First-time homebuyer tax credit 18 Ownership 3
Ownership requirement 3
Basis adjustments: Form 8949 15
Future developments 1
Adjusted basis 8 P
Business or Rental use of home 11 G Paying back credits 18
C Gain or loss 8 Paying back subsidies 18
Peace Corps Members 4
Capital Gains: Exclusion of gain 3 Publications (See Tax help)
Qualified Opportunity Funds 1 H
Closing costs 8 R
Community property: Home acquired through a trade 9 Remodeling 9
Basis determination 10 Home inherited 10 Rental use of home 11
Condemnation: Home received as gift 10 Repairs 9
Basis 10 Home sale: Reporting home sale deductions 17
Sale price 10 Reporting requirements 15
Condominium: Houseboat: Reporting other income related to home
sale 17
As main home 3 As main home 3 Reporting taxable gain or loss 15
Cooperative apartment: Residence 3
As main home 3 I Residence requirement 3
Improvements 9
D Inheritance: S
Death of Spouse 4 Home received as 10 Seller costs 8
Depreciation: Installment sale 15 Settlement fees 8
Home used for business or rental Interest reporting 15 Spouse:
purposes 15
Death of (See Surviving spouse)
Destruction: L Surviving spouse:
Basis 10 Look-back requirement 4 Basis determination 10
Sale price 10 Look-back requirement exceptions 4
Disability: T
Mentally disabled 3
Physically disabled 3 M Tax help 18
Divorce 10 Main home: Taxable gain 14
Defined 3 Transfer of home 3
E Factors used to determine 3
Eligibility test 3 Missing children, photographs of 1 W
Mobile home:
Energy: As main home 3 Widowed Taxpayers 4
Credit 9

Page 22 Publication 523 (2022)