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Get your taxes done using TurboTax
I am not sure what statement you are referring to. TurboTax does not require you to file an additional statement for a home sale.
It will ask whether you want the sale reported on your tax return, even if not required. You should say yes. The IRS has audited taxpayers who did not included a nontaxable home sale on their tax return. In those cases, there is no tax or penalty due. However, in such cases, you would have to go back into your return, tell TurboTax to report the sale and file an amended tax return.
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March 10, 2021
6:00 PM