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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 13: Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges
  5. Question
    Under What Circumstances May a Partial § 121 Exclusion Be
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Under What Circumstances May a Partial § 121 Exclusion Be

Question 10

Question 10

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Under what circumstances may a partial § 121 exclusion be available even though the taxpayer has used the § 121 exclusion within the two-year period preceding the sale of the current residence?

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