To exclude up to $250,000 (single) or $500,000 (married filing jointly) in profit from taxes, you must have owned and used the home as your primary residence for at least 24 months (730 days) within the five years prior to the sale.
You may qualify for a partial exclusion if the move is forced by "unforeseen circumstances," such as a job change (requiring a commute of 50+ miles more), health issues, divorce, or multiple births. Topic no. 701, Sale of your home | Internal Revenue Service buying and selling a house within 2 years
Taxed as short-term capital gains at your ordinary income tax rate (up to 37%). To exclude up to $250,000 (single) or $500,000
Taxed as long-term capital gains , typically at rates of 0%, 15%, or 20% depending on your income. To exclude up to $250