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Is this your primary residence? (lived in the house for 24 months in the last 5 yr period)?
Ten up to 250,000 is excluded (for those filing as single) and 500,000 of gains for those filing Jointly
Here's the IRS guidance on this: http://www.irs.gov/publications/p523/ar02.html#en_US_2012_publink1000200711
Here's an excellent list, form Nolo.com
and here are some of the not neccessarily required things that MAY come to play
you're very welcome
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