Get your taxes done using TurboTax

Report the sale in the Investment Income section, the same as if you sold a stock or mutual fund. 

 

Note that if you sold at a loss, you cannot deduct that loss since the home was used for personal purposes. As a result, you will have to check a box on a subsequent screen if you sold at a loss.

 

Also note that if you used the home as a rental at any time during your period of ownership, you should report the sale in the Sale of Home section.