Which of the following statements is false?

A.	The provisions of IRC 121 for sale of personal residences are mandatory unless a specific election is made not to have IRC 121 apply.
B.	A taxpayer can make an election to report and pay tax on the sale of a residence if the taxpayer so chooses.
C.	A married couplemust file a joint tax return to exclude $500,000 of gain on the sale of their personal residence.
D.	All of the above are true.