Multiple Choice
Jane and Jason (married taxpayers) sell their personal residence in 2017.In order to exclude the maximum gain allowed for married couples on the sale of the residence,they must:
A) Have owned the home for at least two years.
B) Lived in the home as their main residence for a least two years.
C) Not have sold another primary residence in the last two years.
D) All of these.
Correct Answer:
Verified
Correct Answer:
Verified
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