You generally need to report the sale of your home on your tax return if you received a Form 1099-S or if you do not meet the requirements for excluding the gain on the sale of your home.
CA conform to the IRS rules and allow you to exclude, up to a certain amount, the gain you make on the sale of your home(up to $250,000 of profit is tax-free or up to $500,000 if you are married and file a joint return). You may take an exclusion if you owned and used the home for at least 2 out of 5 years.
ftb.ca.gov
If you received form 1099-S, check: Where do I enter Form 1099-S?
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