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can I claim principal residence exemption for no green card spouse?
My girlfriend/wife (we got married in 2020) and I lived in our current principle house for more than 4 years. My wife has no green card and her green card application is still in process.
We filed 2020 tax as married filing jointly tax. Before 2020, we filed tax separately.
My wife's name was added to house title last year.
If we sell the house this year or next year, can we claim the $500,000 principal residence exemption?
Thank you.
‎July 10, 2021
2:24 PM