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Get your taxes done using TurboTax
So we bought the house on October 23rd 2015 and lived there till September 25th 2020. It wasn’t 5 years but we lived there as our primary for over 4 years straight.. and we paid 224k and sold for 273,500 so profit was 49,000 and it was our primary residence and we didn’t claim this exclusion since 2014. So we would qualify correct??
February 8, 2021
3:56 PM