What is the current status of HR 7349?

HR 7349 is currently: Introduced.

Who sponsored HR 7349?

HR 7349 was sponsored by Tom Barrett (R), Rep.

Home Sale Tax Relief for Widows and Widowers

IntroducedFebruary 4, 2026

Introduced9 months ago

Intro

House

Senate

Pres

Introduced in House

Why This Matters

The Time to Heal Act helps widows and widowers by allowing them to exclude more money from taxes when selling their homes. This change provides financial relief during a difficult time after losing a spouse.

If you are a widow or widower selling your home, you could save thousands on taxes.

Who this affects

Individuals who lost spouses

What changes is this bill making?

1This bill allows individuals with deceased spouses to sell their homes with a higher tax exclusion.
2Instead of a $250,000 exclusion, they can exclude up to $500,000 from capital gains tax.
3This applies as long as they have not remarried since their spouse's death.
4The bill helps those who meet certain conditions before their spouse passed away.
5It affects home sales that occur after the bill is enacted.

Last changed 5 months ago · checked hourly

Home Sale Tax Relief for Widows and Widowers

IntroducedFebruary 4, 2026

Introduced9 months ago

Intro

House

Senate

Pres

Introduced in House

Why This Matters

If you are a widow or widower selling your home, you could save thousands on taxes.

Who this affects

Individuals who lost spouses

What changes is this bill making?

1This bill allows individuals with deceased spouses to sell their homes with a higher tax exclusion.
2Instead of a $250,000 exclusion, they can exclude up to $500,000 from capital gains tax.
3This applies as long as they have not remarried since their spouse's death.
4The bill helps those who meet certain conditions before their spouse passed away.
5It affects home sales that occur after the bill is enacted.

Last changed 5 months ago · checked hourly