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The clipping this text was read from
The clipping this text was read from

one has to be 65 or older for the rule to apply. Unfortunately, this tax exclusion can be used only once.

You make the election to exclude the profit by attaching a signed statement to this effect with your tax return. Check with an accountant or Internal Revenue Service for details and form numbers.

If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY, REALTOR. Middle Street. Washington. Phone: 675-3400. We’re here to help.

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