In Order to Be Eligible to Exclude Gain on the Sale

question 80

Multiple Choice

In order to be eligible to exclude gain on the sale of a principal residence, the taxpayer must meet which of the following tests?

• A) Rental test
• B) Use test
• C) Ownership test
• D) Business use test
• E) Two of these

---

Definitions:

Abdominal Bandage

A supportive wrap or garment placed around the abdomen to provide support or hold dressings in place.

Applies Restraints

The act of using physical or mechanical means to limit a person's movement for their safety or the safety of others.

Malpractice

A failure by a healthcare professional to meet the standard of care, which results in harm to a patient.

High Position Bed

A bed setup in which the head of the bed is elevated, often used to improve patient comfort, breathing, or to prevent aspiration.