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Deborah Elbaum

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I'm a Realtor® with deep roots in Palm Beach County. Originally from upstate New York, I've called Downtown West Palm Beach home for over two decades. A certified luxury specialist and Zillow Top Agent, I bring block-by-block local knowledge to every client I serve.

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Topic no. 701, Sale of your home | Internal Revenue Service

Topic 701 covers the $250,000/$500,000 home sale tax exclusion available to homeowners who meet ownership and use tests within a 5-year period. The content explains eligibility requirements, reporting obligations, special suspensions for military/government service, and installment sale provisions.

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Summary

Topic 701 covers the $250,000/$500,000 home sale tax exclusion available to homeowners who meet ownership and use tests within a 5-year period. The content explains eligibility requirements, reporting obligations, special suspensions for military/government service, and installment sale provisions.

Tags

home-sale · tax-exclusion · capital-gains · irs-publication · ownership-test · installment-sales

Key entities

home sale tax exclusion (concept, 0.95) · capital gains (concept, 0.95) · ownership test (concept, 0.9) · use test (concept, 0.9) · Form 1099-S (technology, 0.85) · Schedule D (Form 1040) (technology, 0.85) · Form 8949 (technology, 0.85) · Publication 523 (technology, 0.9) · IRS (organization, 0.95) · installment sales (concept, 0.85)

Classification

reference · language en · status final

Provenance

claude-haiku-4-5 via @stacklist/be@0.1.0, confidence 0.85, 3 Jun 2026