If a taxpayer who is single meets an exception to the two-year ownership and use rule, his
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Question:
If a taxpayer who is single meets an exception to the two-year ownership and use rule, his or her exclusion amount is:
a. Determined by how much the amount realized is.
b. Not limited at all, because an exception was met.
c. Is limited, based on how many months he or she lived in and owned the home.
d. None of the above
Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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