Multiple Select Question Select all that apply Which of the following rules must be met for a taxpayer to be able to exclude the gain on the sale of a personal residence? (Check all that apply.) Multiple select question. The taxpayer must NOT have used the gain exclusion provision in the five years prior to the sale. The taxpayer must have used the property as their principal residence for a total of two or more years during the five year period prior to the sale. The taxpayer must have owned the residence for at least two years of the five year period prior to the sale. If married, both spouses must meet the ownership and principal-use tests.
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