250872
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

vrav
New Member

I sold a personal residence at a loss in 2016 but forgot to report it. Can I report the sale and loss on my 2018 return or do I need to amend 2016?

I owned the property for less than 2 years.


"I sold a personal residence at a loss in 2016 but forgot to report it. Can I report the sale and loss on my 2018 return or do I need to amend 2016?"

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I sold a personal residence at a loss in 2016 but forgot to report it. Can I report the sale and loss on my 2018 return or do I need to amend 2016?

The sale of a personal residence at a loss is not reported on a tax return.  Unless you received a Form 1099-S for the sale then it must be reported (gain or loss).  Although with a loss no taxes will be owed.  If required to be reported it can only be reported on a tax return for the year of the sale.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question