pk
Level 15
Level 15

Deductions & credits

@hindman203 , while agreeing with @DaveF1006  , just wanted to clarify that the ownership requirement is  2 years by either spouse/ filer, Use requirement is 730 days  ( for each spouse / filer ) total with a look back of five years from the day of sale/transfer completion ( in the use it is closing and not registration which is usually a short time later ).   And you must not have taken this gain exclusion in the last two years.

Does that make sense ?.