Which of the Following Statements Regarding the Exclusion of Gain

Which of the following statements regarding the exclusion of gain on the sale of a principal residence is correct?

A) A taxpayer may not exclude gain if the taxpayer is renting the residence at the time of the sale.
B) A taxpayer must be living in a residence at the time it is sold to qualify for the exclusion.
C) A taxpayer may simultaneously own two homes that are eligible for the home sale exclusion.
D) For a married couple to qualify for the $500,000 exclusion, both spouses must meet the ownership and use tests.