For periods of time beginning after December 31, 2008, which of the following is most likely to be considered a period of non qualified use for which the exclusion of gain on the sale of a principal residence does not apply? A. A period of one year which the taxpayer was temporarily absent due to a medical conditionsl.  B. A period of three years during which the taxpayers spouse was absent due to marital problems. C. A period of one year during which the taxpayer was temporarily absent due to a change in employment. D. A period of five years during which the taxpayers spouse was serving on qualified official extended duty.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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For periods of time beginning after December 31, 2008, which of the following is most likely to be considered a period of non qualified use for which the exclusion of gain on the sale of a principal residence does not apply?

A. A period of one year which the taxpayer was temporarily absent due to a medical conditionsl. 

B. A period of three years during which the taxpayers spouse was absent due to marital problems.

C. A period of one year during which the taxpayer was temporarily absent due to a change in employment.

D. A period of five years during which the taxpayers spouse was serving on qualified official extended duty. 

 

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