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Uri and Autry are married and will file a joint return. They purchased their first...

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Accounting

Uri and Autry are married and will file a joint return. They purchased their first home in 2016. The home served as their primary residence until June 2022, when they sold the home. They had a long-term capital gain of $600,000. Uri and Autry meet the ownership and use tests. How much of the long-term gain can they exclude from income on their return? $0 $250,000 $500,000 $600,000

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