JamesG1
Expert Alumni

Get your taxes done using TurboTax

I assume that you are referring to the 2008 Homebuyer Credit Repayment found at Federal / Deductions & Credits / Your Home.

 

Are you continuing to make payments in repayment of the credit?  If so, you should select Yes, and the home we received the credit for was still our main home on January 1, 2022.

 

However, if you selected Yes, but the home we received the credit for stopped being our main home on or before December 1, 2021, the software defaults to No, we never got this credit because the software presumes that the Homebuyer Credit repayment was resolved on the December 31 2021 or prior Federal tax return.

 

This TurboTax help explains

 

If you sell or stop using the home as your principal residence, the repayment of the credit is accelerated. In this case, you must increase your repayment in the year of sale or in the year that you stop using it as your primary residence. 

 

@realwilde 

 

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