Word: exclusionism
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Dates: during 1990-1999
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Nguyen rallied other student groups to her cause and drafted a letter to the Undergraduate Admissions Office protesting the exclusion of ethnic organizations.
"Objectively speaking, I think most people in the mainstream today would say that exclusion of Jews is wrong," he said.
The new law does away with the one-time exclusion and does not allow you to roll gains over. But it gives you a $500,000 exclusion if you are married ($250,000 if single) every time you sell a primary house--so long as you have lived in it...
That's no small consideration--especially in high-cost regions like California and the Northeast, where longtime homeowners may have gains of $1 million or more. "We have a number of people in that category," Mellon's Doyle points out. If they sold or went to contract on a new...
One thing to consider, says Doyle, is amending a previous tax return. You have three years to do that. If you sold a house a couple of years ago and were over 55 at the time--and did not take the $125,000 exclusion--you can amend that return and...