You can claim this in TurboTax Premier Online, Freedom Edition, or CD/Download software.
In TurboTax Online or Freedom Edition you go under Federal Taxes > Wages & Income > Less Common Income > Sale of Home (gain or loss). In the CD/Download you go under the Personal tab > Personal Income > Less Common Income > Sale of Home (gain or loss).
You'll need to have:
- The date you sold your home and the selling price (from your closing statement)
- The date you bought your home and the purchase price (from your closing statement)
- The cost of any major improvements you made, so we can deduct them for you
- Form 1099-C if you sold your home at a loss (short sale)
