pk
Level 15
Level 15

Get your taxes done using TurboTax

@tanlongpham , I am confused .   You said earlier that this was a rental property that you sold.  In such a case there is no US$250,000 exclusion  -- that is for your principal residence that you have owned for at least two years  and have used as your main residence  for 24 months  within the last five years from the date of sale consummation.

 

Is there more one of us can do for you ?