Which of the following statements is INCORRECT concerning the ownership and use tests used to qualify for the exclusion of a gain on the sale of a personal residence?
a. For married couples to get the $500,000 exclusion, both must have used the house for 2 years, but only one has to have owned the home for 2 years.

b. The exclusion of the gain on the sale of a personal residence can only be used once every five years.

c. For a widow or widower, the surviving spouse is entitled to a $500,000 exclusion if the sale takes place within two years after the date of death.

d. The time of ownership and use must be two years out of the last five years, but it does NOT have to be a continuous two-year period.