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Over-55 Home Sale Exemption Capital Gains Tax Exclusion Definition. The over-55 home sale exemption was a tax law that provided homeowners over the age of 55 with a one-time capital gains exclusion. · The seller, or at least one , How Capital Gains Taxes Work for People Over 65, How Capital Gains Taxes Work for People Over 65. Top Tools for Communication is there an age exemption for capital gains tax and related matters.
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