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Can a spouse in a same-sex marriage who files a California married filing jointly return exclude up to $500,000 of capital gain on the sale of a principal residence?

April 26, 2017California EXCLUDE files filing jointly marriage married Return same-sex spouse

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Can a spouse in a same-sex marriage who files a California married filing jointly return exclude up to $500,000 of capital gain on the sale of a principal residence?

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Yes, if they meet the capital gain exclusion rules that apply to a married individual filing a joint return. For more information, see federal Publication 523, Selling Your Home.