asked

I closed on my house on the 23rd and did not need to use an exchange account. The proceeds were 70K. My annual income is around 54k. I live in Show Low, AZ 85901. I am married with no dependents, and my wife does not work. We put all the money in our checking account temporarily and don't plan on buying another house any time soon. Do I need to do anything with the proceeds before the end of the year tax-wise?

July 31st, 2023

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