Question: Question 8 1 pts On September 1 , 2 0 2 2 , J ( single ) sold his residence, realizing a gain of $

Question 8
1 pts
On September 1,2022, J (single) sold his residence, realizing a gain of $220,000. J purchased the house July 1,2021 and must move due to a qualifying change of employment. How much of the gain may J exclude on his return for 2022?
$220,000
$74,167
$250,000
$145,833
Question 8 1 pts On September 1 , 2 0 2 2 , J (

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