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Jerry bought his home 15 years ago for $60, 000. Three years ago Jerry married Debbie and she moved into the same house and has

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Jerry bought his home 15 years ago for $60, 000. Three years ago Jerry married Debbie and she moved into the same house and has lived there since. If they sell Jerry's house in the current year for $340, 000, what is their taxable gain on a joint tax return? $0 $30, 000 $280, 000 $155, 000

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