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Get your taxes done using TurboTax
Congratulations on your recent move! TurboTax will definitely help you calculate any gain that you would have to pay tax on from the sale of the house. There is a "Sale of Home" section under "Less Common Income" in the Wages & Income section of TurboTax. This is where you will go to input the information for the sale of your home.
- 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
- Scroll down to Less Common Income
- On Sale of Home (gain or loss), click the start or update button
In regards to claiming any moving expenses, only active-duty military are allowed to claim moving expenses at this time. Here's a link with more information regarding the moving expenses:
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‎July 28, 2021
10:20 AM