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This year, Barney and Betty sold their home (sales price $690,000; cost $188,000 ). All closing costs were patd by the buyer. Barney and Betty
This year, Barney and Betty sold their home (sales price $690,000; cost $188,000 ). All closing costs were patd by the buyer. Barney and Betty owned and Iived in thelr home for 18 months. Assuming no unusual or hardship clrcumstances apply, how much of the gain is included in gross income
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