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Jenny and Johnny bought a house for $ 3 0 0 , 0 0 0 after they got married 1 0 years ago. They made
Jenny and Johnny bought a house for $ after they got married years ago.
They made no improvement on the house.
They sold the house for $ today.
They paid various fees and commissions when selling the house; the total amount of these costs was of the selling price.
Their average capital gain tax rate was and marginal capital gain tax rate was
By using the home sale tax exemption, they can save capital gain tax payment of $
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