4. Deidra has owned and occupied her principal residence for 10 years. Two and one-half years ago she married Doug who moved into her house. Doug has never owned another home and is not an owner of the marital residence. When Deidra's job is transferred to another city, she sells the house and has a realized gain of $425,000. Which of the following statements is most accurate: Deidra can exclude the realized gain of $425,000 from her gross income under $ 121 if she and Doug file a joint return b. Deidra can exclude the realized gain of $250,000 from her gross income under $ 121 if she and Doug file a joint return Deidra cannot exclude any of the gain because she does not own the house jointly with Doug. Deidra cannot exclude any of the gain unless her AGI is under $500,000. None of the above Calvin and Carolyn Coleman purchased a home in San Francisco for $375,000 on October 1, 2014. Calvin obtained a job in Portland, Oregon, and on December 1, 2015, the Colemans sold their home in San Francisco for $800,000. How much gain must the Colemans recognize? $425,000 $291,667 $133,333 d. $-0- None of the above d. e. 5. b. c