Robert and Tami, married and filing jointly, lived in their home for two years. Property...
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Accounting
Robert and Tami, married and filing jointly, lived in their home for two years. Property values in their area rose dramatically during this time, and at the beginning of the third year, they sold their home at a profit of $560,000. What is the maximum amount of profit that Robert and Tami can exclude from taxable gain?
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