MarilynG1
Employee Tax Expert

Deductions & credits

You don't need to report the sale of your personal residence in TurboTax, unless you received a Form 1099-S or you sold your home for $500,000 more than you paid for it (if married), and you lived in it for two of the last five years. 

 

Click this link for more info on Reporting Sale of Personal Residence. 

 

If this applies, you also don't get to claim any Sales Expenses.

 

 

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