GRE reading comprehension test.

Qualifying for the Exclusion

In general, to qualify for the Section 121 exclusion, you must meet both the ownership test and the use test. You're eligible for the exclusion if you have owned and used your home as your main home for a period aggregating at least two years out of the five years prior to its date of sale.

https://www.irs.gov/taxtopics/tc701#:~:text=You're%20eligible%20for%20the,to%20its%20date%20of%20sale.&text=However%2C%20you%20must%20meet%20both,the%20date%20of%20the%20sale.

You tell me. 

所有跟帖： 

• 这里好像没说必须是先自住两年后出租三年才符合免税条件？ -gqc- ♀ (0 bytes) () 06/04/2021 postreply 20:10:56