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Deductions & credits
The thing is, when I click jump to sale of home, I get the following question:
Did you sell or have your home foreclosed in 2019?
I answer Yes, because I did sell my home, and it automatically makes me upgrade without asking any other questions:
Because you sold your home, you need to upgrade to TurboTax Premier
Why do I need to upgrade?
The IRS requires you to file a Schedule D to report capital gains from the sale of your home. This isn’t covered by TurboTax Deluxe. Upgrade to TurboTax Premier and we’ll help you prepare the right forms.
It was my primary residence all 5 of the previous 5 years, and I made less than 1/10 of the exclusion amount on the sale. I also did not receive a 1099-S. So do I just say this does not apply to me?
January 28, 2020
10:38 AM