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In Certain Circumstances, a Taxpayer Who Does Not Meet the Ownership

question 78

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In certain circumstances, a taxpayer who does not meet the ownership and use tests may still be allowed to exclude the entire realized gain on the sale of a principal residence.


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To find the value or values of the variables that satisfy an equation, inequality, or a system of equations.

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A mathematical statement that asserts the equality of two expressions, usually denoted by the sign =.

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An electronic or mechanical device used for performing mathematical calculations.

Decimal Places

The quantity of numerals located after the decimal point in a number.

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