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Partial exclusion of capital gains
We will be moving 500 miles away and I will be starting a new job. According to pub 523 we are eligible for a partial exclusion of the gain on our home.
I am close to retirement age, and want to know if there is a TIME REQUIREMENT that I must work at the new job to use this exclusion? If I only work at the new job for a few months, would the exclusion be tossed out?
March 10, 2022
6:47 PM