The House Has Only Her Name on It. When They Sell Next Year the IRS Will Still Give Them the Full Married Couple's Exclusion, Because Only One of Them Has to Own It

The House Has Only Her Name on It. When They Sell Next Year the IRS Will Still Give Them the Full Married Couple's Exclusion, Because Only One of Them Has to Own It

Most couples assume the IRS cares deeply about whose name sits on the deed, and that assumption costs some of them tens of thousands of dollars while quietly handing others an unexpected windfall.

The House Has Only Her Name on It. When They Sell Next Year the IRS Will Still Give Them the Full Married Couple’s Exclusion, Because Only One of Them Has to Own It

The post The House Has Only Her Name on It. When They Sell Next Year the IRS Will Still Give Them the Full Married Couple’s Exclusion, Because Only One of Them Has to Own It appeared first on 24/7 Wall St.. If the deed lists only your spouse’s name, you might assume the IRS will treat the house as…