H bought his home 10 years ago and has used it as his principal residence since that time. H married W on July 1,2016. Although W does not have an ownership interest in his home,she has used it as her principal residence since the couple's marriage. H sells the home on August 1,2017, realizing a gain of $400,000. H and W can claim a_ home sale exclusion. A) $200,000 B) $250,000 C) $400,000 D) $500,000
Hi
Please let me know in case you face any issue:
Get Answers For Free
Most questions answered within 1 hours.