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    Federal Taxation
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    Exam 13: Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges-Part 1
  5. Question
    Alex Used the § 121 Exclusion Three Months Prior to His
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Alex Used the § 121 Exclusion Three Months Prior to His

Question 55

Question 55

True/False

Alex used the § 121 exclusion three months prior to his marriage to June.If June sells her principal residence four months after their marriage, she cannot use the § 121 exclusion.

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