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Question text Jeff is a single taxpayer who sold his home when he was transferred from NY to Denver by his employer. He purchased the
Question text Jeff is a single taxpayer who sold his home when he was transferred from NY to Denver by his employer. He purchased the home on January 10, 2013. He was sent by his company for temporary assignment to Detroit on February 1, 2016, that lasted for longer and was gone for 16 months in 2016 and 2017, during which time he rented out his home. He moved back into the home on June 3, 2017. He sold the home on March 15, 2020. Jeff can claim an exclusion of gain on the sale up to: Select one: a. $500,000 b. $300,000 c. $250,000 d. $0
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