For most people, if you pay at least as much as your liability was the previous year, you're protected from any penalties or interest.
For most people, if you pay at least as much as your liability was the previous year, you're protected from any penalties or interest.
When the 500,000 exclusion rule came into the law, a lot of people figured they'd never have that much gain, so they stopped keeping records of the improvements they made to the house. That could mean they'll wind up paying more tax than they should have.
© 2020 Inspirational Stories
© 2020 Inspirational Stories