SuperCalc ver.  1.00
Form 2119 - 1986                    Soc Sec No.
"Form 2119 - 1986                    Soc Sec No.
sis o
"Name
"1a Date Former Residence Sold
DATE(10,12,86)
6)-C3
"1b Amount of Mortgage Held
"2a Date New Residence was Occupied
DATE(12,10,86)
6)-C3
"2b Are any rooms rented or used for
"   business [0 for "no", 1 for "Yes"]
siness
"*********
"3a Are you 55 or older [0 "no", 1 "yes"]
"3b Is spouse 55 or older [0 "no", 1 "yes"]
"3c Did person who answered yes to A or B
"   above, use the property as a residence
"*********
"   for at least 3 years of the last 5 year
"*********
"   period before the sale [0 "no", 1 "yes"]
"*********
"3d If yes to C above, do you elect once
"   in a lifetime exclusion of gain [0 or 1]
"*********
"PART I. - Computation of Gain
les Pri
"Line  4 Selling Price of Residence less Expenses
"Line  5 Basis of Residence Sold
"Line  6 Gain on Sale [See instructions]
Expen
IF(C19>C20,C19-C20,0)
"PART II. - Age 55 or Over One-Time Exclusion
"Line  7 Enter the smaller of line 6 or $125,000
sis o
IF(B14=1,MIN(125000,C21),NA)
       
"Line  8 Gain [See instructions from IRS Form 2119]
IF(C21>C25,C21-C25,0)
1),NA)
"PART III. - Gain to be Postponed and Adjusted Basis of New Residence
"Line  9 Fixing up Expenses
"Line 10 Adjusted Sales Price
C19-C30
"Line 11 Cost of New Residence
"Line 12 Gain Taxable This Year
C31-C32-IF(B14=1,C25,0)
"Line 13 Gain to be Postponed
IF(B14=0,C21,C26)-C33
"Line 14 Adjusted Basis of New Residence
usted
C32-C34