Do I have to be married during the 24 months of residential use for me and my husband to take the $500,000 exclusion? (T. S., Glendale, CA)
No! To qualify for the $500,000 exclusion,
one of you, either you or your spouse, must meet the 24-month ownership requirement (24 of the past 60 months);
you must have used the residence as your principal home for 24 of the past 60 months;
your spouse must have used the residence as ... Log in to view full article.