Master complex home sale rules, exclusions, and tax implications.


Learning Objectives: After completing this course, the student will be able to compute the taxable gain from the sale of a home; properly apply the ownership and use tests to determine whether a taxpayer qualifies for the home gain exclusion; determine the reduced exclusion due to unforeseen circumstances; compute nonqualified gain; and calculate the home sale gain when a home office is included, including determining whether a home is a primary or secondary residence. In addition, the student will be able to properly apply the rules associated with sales of partial interests, sales involving Section 1031 exchanges, sales by military personnel, and sales involving divorced individuals.

CPE Hours:  Federal Tax Subject = 6 CPE Credits / Total = 6 CPE Credits
Accreditation:  CTEC, IRS, Enrolled Agents, CPA
Field of Study:  Federal Tax Subject
Publication Date: 4/8/2026 
Instructional Delivery Method: Self-Study 
Level:  Intermediate
Prerequisites: None
Advanced Preparation: No Advanced Preparation Required
Author: Lee Reams, Sr., BSME, EA

 

 

Course Material: A copy of the course material is available for download under the Additional References tab.

Refund Policy: Your complete satisfaction is our #1 priority. At CountingWorks, Inc., we do whatever it takes to make sure your expectations are met on every order we complete. We back all of our products with a 10-day no-hassle money-back guarantee. For information regarding refunds, complaints, and program cancellation policies, please contact our Customer Service Department at 1-800-384-1101

Certified Public Accountants: CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CountingWorks, Inc. is an approved provider for IRS, NASBA QAS and CTEC providing continuing education for CPAs, EAs, IRS and CRTPs.

Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101 

 

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