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Hi, my name is Mark. I will be happy to help you with your questions. Since you lived in the condo as your primary residence for more than 2 out of the past 5 years you would be eligible to exclude a gain of up to $250,000. So the entire amount of the $20,000 gain would be tax free.
If this was your only source of income you would not be required to file a tax return. If this answered your question I would appreciate if you would take a moment to rate my response. There should be stars located above the question. This is the only way that I will receive credit for helping you today. If you have additional questions or need clarification I would be happy to continue the conversation. Thank you.