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Deductions & credits
Q. If I sell the house in 2024 can I claim exception on non-qualified use for years during 2015-2021?
A. No.
Q. Do I need to go with prorated exclusion?
A. Yes.
I'm of the opinion that the exception for non qualified use after it was no longer your primary home is measured from your moving out in 2024 and not from your 2015 move out.
The wording in the TurboTax interview is "If you used your home for reasons other than your primary residence after it was no longer your primary home, select “no”
February 15, 2024
6:54 AM
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