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Mortgage and Credit Tips for Tax Season It’s hard to believe we are already at this point of the year. Tax season is just about finished, and for many of us that file taxes, this is a time of relief.
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Any unused credit can be carried forward to the following year’s tax return. Home sale Up to $250,000 for single filers and $500,000 for married taxpayers filing jointly of the capital gain from the sale of a principal residence can be excluded for some taxpayers.
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