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Subject:  Re: Home sale gain exclusion Date:  10/22/2001  6:39 PM
Author:  jailleres Number:  54756 of 127519

They may still be eligible for a pro-rated amount of excluded gains. Comes to about $10,000 per month for the time they were in the house during the 5-year period, if they qualify under the reasons they moved. Check Worksheet 3 on pate 13 of Pub 523 to figure the amount of excluded gain.
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