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Amir and Amani are married and will file a joint return. They purchased their first home in 2 0 1 7 . The home served

Amir and Amani are married and will file a joint return. They purchased their first home in 2017. The home served as their primary residence until July 2023, when they sold the home. They had a long-term capital gain of $650,000. Amir and Amani meet the ownership and use tests. How much of the long-term gain can they exclude from income on their return?
$0
$250,000
$500,000
$650,000

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