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A married couple purchased their home for $200,000 in 2017 and lived in it until 2020 when they sold the house for $400,000. Are they
A married couple purchased their home for $200,000 in 2017 and lived in it until 2020 when they sold the house for $400,000. Are they required to pay any taxes as a result of the sale. If not, please say none. If so, what amount is taxable?
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