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Yes, to receive the maximum gain exclusion, your best option is to file separately this year and next. The result would be the same if you each had sold your homes before marrying.
Taxpayers filing a joint return may exclude up to $500,000 gain on the sale of a former residence. If filing separately, each spouse may exclude up $250,000 gain on the separately stated return. If one spouse excludes less than $250,000, the difference cannot be applied to the other spouse's return.
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