Get your taxes done using TurboTax

A partial exclusion for change in employment  is handled in the home sale section of the interview so just follow the interview screens carefully.   Most important is that you indicate you got a 1099-S at the closing and click on that box ...

 

 

To report the sale of a primary personal residence -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Wages and Income (Personal Income using Home and Business)
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Less Common Income
  • On Sale of Home (gain or loss), click the start or update button

 

 

1099-s.PNG