My wife and I purchased our home in August of 2014, but now she has been accepted into a doctoral degree program 200 miles away, so we need to sell the house and move. Unfortunately, we might be selling it prior to August 2016... depending on how quick our house sells.
As far as Capital Gains tax is concerned... we will not have resided in it for "at least 2 years in a 5 year period."
I'm wondering if moving for school would count as a "unforseen circumstance" for the IRS to allow us to exclude any capital gains? I can't find any specific examples of this scenario with a definitive answer using my Google-fu.