Which is true regarding the sale of a personal, Financial Management

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Which is true regarding the sale of a personal

Which is true regarding the sale of a Personal Residence?

A) Exclusions are available up to $250,000 for joint filers if requirements are met.

B) An exclusion under IRC 121 may be pro-rated for certain life circumstances.

C) Exclusions are available up to $75,000

D) The gain is 100% taxable and losses are not deductible.

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