Partial Sale of Qualifying Exclusion Residence

[AZ-Tax]

Up on reading 16-19 thru 16-22 in the TTB, unless I missed something, it did address if a taxpayer sells a portion of their residence (most of the land) for which the residence qualifies for exclusioin, if the sale will qualify for exclusion and will the remaining residence upon sale (a future tax year) qualify for exclusion (based on current tax law)?

[Davc]

Up on reading 16-19 thru 16-22 in the TTB, unless I missed something, it did address if a taxpayer sells a portion of their residence (most of the land) for which the residence qualifies for exclusioin, if the sale will qualify for exclusion and will the remaining residence upon sale (a future tax year) qualify for exclusion (based on current tax law)?

121 is not available until the dwelling is sold. If land is sold and then the dwelling is sold within two years the sale of the land can be amended to take the applicable portion of the exclusion. (Assuming alll of the requirements are otherwise met.)