December 28, 2020 11:17 AM
last updated December 28, 2020 11:17 AM
It's clear you can suspend the test period for up to 10 yrs, but on IRS pub 523 both examples use contiguous 2 yrs ownership. Can the suspension split the 2 yrs? Thanks!
December 28, 2020 11:49 AM
Yes, it can be split. That's not a problem.
Entering it into TurboTax can be tricky so read the screens very carefully and be sure to double check that the program is properly applying the exemption.