Under What Circumstances Can a Taxpayer Obtain a Partial Exclusion

question 89

Multiple Choice

Under what circumstances can a taxpayer obtain a partial exclusion if a home is sold before the use and ownership tests are satisfied?

• A)change in employment that meets the requirement for a qualifying employment-related move
• B)increased traffic due to widening of a road
• C)birth of one child
• D)marriage

---

Definitions:

Halo Effect

A cognitive bias where a positive impression in one area influences a person's perception in other areas.

Bottom-up Processing

A way of processing information where perception starts with an analysis of the basic elements and builds up to a complete perception.

Self-relevant

Pertaining to information or stimuli that have personal significance to an individual, often influencing attention, perception, and memory processes.

Downward Counterfactual

An imagined alternative in which the outcome is worse than what actually happened.