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Tax Tip 2022-78, May 19, 2022 — A lot of families move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.

Tax Tip 2023-81 June 14, 2023 — Many people move during the summer. Taxpayers who are selling their home may qualify to exclude all or part of any gain from the sale from their income when filing their tax return.

This table provides the monthly corporate bond weighted average interest rates.

A list of publications and forms that address tax issues for retirees and senior citizens.

The Home Foreclosure and Debt Cancellation provision applies to debt forgiven in calendar years 2007 through 2016. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million if married filing separately). The exclusion doesn’t apply if the discharge is due to services performed for the lender or any other reason not directly related to a decline in the home’s value or the taxpayer’s financial condition.

Topic No. 505, Interest Expense

Organized by type of life event this page provides resources that explain the tax impacts of each.

Review brief descriptions of IRS letters and notices taxpayers receive that include information about requesting an appeal.

IRS Tax Topic on capital gains tax rates, and additional information on capital gains and losses.

This table provides the monthly segment rates for purposes of determining minimum present values under section 417(e)(3)(D) of the Internal Revenue Code.