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    Fundamentals of Taxation
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    Exam 12: Special Property Transactions
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    If Married Taxpayers Live in Their Personal Residence for More
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If Married Taxpayers Live in Their Personal Residence for More

Question 53

Question 53

True/False

If married taxpayers live in their personal residence for more than two years,the couple can exclude a maximum of $250,000 on the gain from the sale of the residence.

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