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Kristin (single) took a 121 exclusion in May 205 when she sold her home in Cave Creek, AZ and moved to Tucson, AZ. After owning

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Kristin (single) took a 121 exclusion in May 205 when she sold her home in Cave Creek, AZ and moved to Tucson, AZ. After owning and living in her Tucson home for 15 months, Kristin sold the Tucson home for a gain and moved to Florida to care for her disabled mother. Which of the following is true? Kristin is not eligible for any gain exclusion related to the sale of her Tucson home because she did not live in Tucson for 2 full years. None of these Kristin may be eligible for gain exclusion if she did not use the full $250,000 when she sold her Cave Creek home. Kristin is eligible for a reduced maximum exclusion based on the number 0 months she did live in Tucson, divided by 24

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