AnnetteB6
Expert Alumni

Get your taxes done using TurboTax

Yes, you will be able to account for your home sale/purchase transactions as well.  

 

For the purchases, it will be a matter of entering deductible items such as mortgage interest and property taxes.

 

For the sales, you will go through a particular section of your return to enter the details of your home sale.  Since the homes that were sold were your main homes, you may be able to exclude any gain on the sale.  However, both home sales will likely not be qualified to exclude any gain.  TurboTax will help you work through this section.  

 

See the following TurboTax article for more details and steps to get started with reporting your home sales:  Is the money I made from a home sale taxable?

 

 

@timpcal

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