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    Taxation of Individuals
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    Exam 14: Tax Consequences of Home Ownership
  5. Question
    To Be Allowed to Exclude Gain on the Sale of a Principal
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To Be Allowed to Exclude Gain on the Sale of a Principal

Question 13

Question 13

True/False

To be allowed to exclude gain on the sale of a principal residence, the taxpayer selling the home must be using the home as a principal residence at the time of the sale.

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