Brealey
New Member

Deductions & credits

We bought our home 20 years ago and five years ago we had to rent it out because of personal reasons that fall in the 'unforeseen circumstances'.  We were hoping to move back but cannot because of these 'unforeseen circumstances'.  Now, we have to sell because of these circumstances.  I cannot find in turbo tax where I can check this off, where is this located in Turbo-Tax.  I am planning on sending documentation with our taxes to show why we had to rent and then sell.  Hoping we do not have to pay capital gain tax?  But, where do I put this in Turbotax?  We can roll-over the income into a new home to live in, but it will not be a rental (like for like exchange), the only reason we rented our home out in the first place was because of this unforeseen circumstance and now have to sell...