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Deductions & credits
the home you bought in 7-24 ( 7-25 is impossible) does not qualify for the home sale exclusion because it was not your principal residence during the year, and only principal residences qualify for the HSE.
by law a principal residence is the one you lived in the majority of the year. you only lived in this one about 4 months while the other on about 8 months.
March 29, 2025
10:36 AM