Most Retirees Don’t Know This IRS Home Tax Rule
Автор: SSA Truth Explained
Загружено: 2026-02-09
Просмотров: 48
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#socialsecurity #irsupdate #retirementbenefits
Most Retirees Don’t Know This IRS Home Tax Rule
Your home is likely your biggest financial asset — but for seniors, one wrong tax decision can turn it into a costly tax trap.
In this video, we break down the most important home tax strategies for seniors and retirees, explained in simple, clear English. Whether you’re thinking about selling your home, aging in place, using a reverse mortgage, or protecting your Social Security income, this guide will help you make smarter financial decisions.
We explain 4 powerful tax pillars every senior homeowner must understand:
✅ How to sell your home tax-free using the Section 121 Home Sale Exclusion
✅ Hidden tax deductions for aging in place and home modifications
✅ The truth about reverse mortgages and why the money is NOT taxable
✅ A potential new senior tax deduction that could reduce or even eliminate federal tax on Social Security
Many seniors overpay taxes simply because they don’t know these rules. This video is designed to help you protect your retirement income, improve cash flow, and avoid unnecessary IRS surprises.
📌 If you are:
• Age 62 or older
• Planning retirement
• Living on Social Security
• Thinking about selling or keeping your home
• Worried about taxes in retirement
This video is for you.
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