Deductions & credits


@yc313 wrote:

@VictoriaD75  @DoninGA 

 

I sold my home which I lived in for less than 2 years but sold it with capital loss instead of gain,  and I do not need to use the losses to offset any gains, do I still need to report the sale?   (since it is a foreign property, I did not receive a 1099 form.) 


The sale of a personal residence, never used as a rental or as business, at a loss is not reported on a tax return.