MayaD
Expert Alumni

State tax filing

Yes. PA-40 Schedule D must be completed and included with an originally filed PA-40 if there are any transactions involving the sale, exchange or disposition of propertyInstructions for PA-40 Schedule D

 

Generally, homeowners who owned and used their homes as principal residences for at least two of the five years prior to the date of sale will qualify for exclusion of the gain from the sale of a personal residence from PA taxable income.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"