Lets home sellers keep more profit from their sale without paying taxes.
This bill would let people selling their main home keep more profit without paying taxes on it. Single sellers could exclude up to $500,000 of profit, up from $250,000. Married couples could exclude up to $1,000,000, up from $500,000. These tax-free amounts would also be adjusted for inflation each year, starting in 2026.
Today, individuals can avoid paying taxes on up to $250,000 of profit when selling their main home, and married couples can avoid taxes on up to $500,000. If this bill becomes law, individuals would be able to exclude up to $500,000 of profit, and married couples up to $1,000,000. These new tax-free amounts would also be adjusted for inflation each year starting in 2026.
S 3332 · 119th Congress · December 3, 2025 · AI Summary by gemini-2.5-flash · 9/10
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17 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.