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Karen, who is single, paid $150,000 for her residence in January 2018 and lived in it until January 2020. She then moved away and rented

Karen, who is single, paid $150,000 for her residence in January 2018 and lived in it until January 2020. She then moved away and rented her home from February 2020 until she moved back in February 2021. She sold it in August 2022 for $240,000. What amount of gain on the sale of her residence is excludable from income

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