@jessica12345 wrote:
Thank you for the answer. As I said, we lived in the current home only 8 months... that is part of my problem🤔
Then if you qualify for the partial exclusion, you will be able to exclude approximately 1/3 (one-third) of the full Section 121 exclusion amount - 8/24 = .333 - so one-third of the full $500,000 exclusion if you are filing married filing jointly.
