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Deductions & credits
In your example, you can use the exclusion for the home you owned before you were married, if you otherwise qualify. If your spouse sells a home he owned before he was married, they can take their separate exclusion on that home.
Then, your next opportunity to use the exclusion would be at least 2 years from the latest usage of the exclusion by either one of you.
‎June 1, 2019
1:52 PM