If a Taxpayer Excludes the Gain on the Sale of His

Multiple Choice

If a taxpayer excludes the gain on the sale of his personal residence and,within two years,sells a second residence,he or she can exclude (up to $250,000 for a single taxpayer) :

A) The entire gain on the second sale if the sale is due to health,employment reasons or unforeseen circumstances.
B) The entire gain for any reason.
C) A ratio of the days owned divided by 730 days and only if the sale is due to health,employment reasons or unforeseen circumstances.
D) A ratio of the days owned divided by 730 days for any reason.