TomK2023
Expert Alumni

After you file

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. 

 

Enter your 1098 or Mortgage Interest here:

  1. Open your return (if not already open).
  2. Enter "1098"  or "mortgage interest" in the Search box.
  3. Click on "Jump to mortgage interest" link.
  4. Answer Yes to Did you pay any home loans in 2024?
  5. Proceed/enter your information.

Enter your 1099-S for the Sale of Home here:

  1. Open your return (if not already open).
  2. Enter "sale of home" in the Search box.
  3. Click on "Jump to sale of home" link.
  4. Answer Yes to Did you sell or have your home foreclosed in 2024?
  5. Select Continue on the next screen.
  6. Enter the address of the home you sold on the next screen, and select Continue.
  7. On the next screen, answer Yes to Did you receive a Form 1099-S that reported this sale? and enter the info from your 1099-S.
  8. Follow the onscreen instructions.
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