Naomi bought and moved into a house in July 2018. She lived there for 13...

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Accounting

Naomi bought and moved into a house in July 2018. She lived there for 13 months and then moved in with a friend. She moved back into her own house in 2021 and lived there for 12 months until she sold it in July 2022. Which of the following is true regarding Naomi’s exclusion for the sale of her home?

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