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Jason and Alicia Johnston purchased a home in Austin, Texas for $660,000. They moved into the home on September 1, year 0. They lived in

Jason and Alicia Johnston purchased a home in Austin, Texas for $660,000. They moved into the home on September 1, year 0. They lived in the home as their primary residence until July 1 of year 5 when they sold the home for $858,000. What amount of the $198,000 gain are they allowed to exclude?

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