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Susan, a single taxpayer, bought her home 25 years ago for $30,000. She has lived in the home continuously since she purchased it. In 2014,

Susan, a single taxpayer, bought her home 25 years ago for $30,000. She has lived in the home continuously since she purchased it. In 2014, she sells her home for $300,000. What is Susan's taxable gain on the sale? a. $0 b. $20,000 c. $250,000 d. $270,000

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