In order to claim the capital gains exclusion, you must meet the ownership and use tests per IRS.gov.
To claim the exclusion, you must meet the ownership and use tests. This means that during the 5-year period ending on the date of the sale, you must have:
- Owned the home for at least two years (the ownership test)
- Lived in the home as your main home for at least two years (the use test)
So if you lived in the house for less than two years, you do not qualify for the exclusion.
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