year 40 percent The 4th taxable year beginning after the credit year 20 percent. (D) Exceptions This paragraph shall not apply in the case of a disposal or cessation described in subparagraph (A) which occurs after or incident to any of the following: (i) Death of the taxpayer or the taxpayer's spouse. (ii) Divorce of the taxpayer. (iii) Involuntary conversion of the residence (within the meaning of section 121(d)(5)(A)). (iv) Relocation of duty station or qualified official extended duty (as defined in section 121(d)(9)(C)) of the taxpayer or the taxpayer's spouse who is a member of the uniformed services (as defined in section 121(d)(9)(C)(ii)), a member of the Foreign Service of the United States (as defined in section 121(d)(9)(C)(iii)), or an employee of the intelligence community (as defined in section 121(d)(9)(C)(iv)). (v) Change of employment of the taxpayer or the taxpayer's spouse which meets the conditions of section 217(c). (vi) Loss of employment, health conditions, or such other unforeseen circumstances as may be specified by the Secretary. (e) Adjustment to basis For purposes of this subtitle, if a credit is allowed under this section with respect to any property, the taxpayer's basis in such property shall be reduced by the amount of the credit so allowed. (f) Reporting (1) In general A credit shall be allowed under this section only if the following are included on the return of tax: (A) The individual's (and, if married, the individual's spouse's) social security number issued by the Social Security Administration. (B) The street address (not including a post office box) of the principal residence purchased. (C) The purchase price of the principal residence. (D) The date of purchase of the principal residence. (E) The closing disclosure relating to the purchase (in the case of a purchase financed by a mortgage). (2) Reporting of real estate transactions If the Secretary requires information reporting under section 6045 by a person described in subsection (e)(2) thereof to verify the