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Rita and Paul are marred on March 18, 2020. They use Ritas house as their...

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Accounting

Rita and Paul are marred on March 18, 2020. They use Ritas house as their residence and sell Pauls house on April 27, 2020 for $420,000. Paul had purchased the house in 2013 for $120,000. They would like to know what the tax ramifications of the home sale are for their 2020 return?

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