Deductions & credits

No, the purchase of a new home has no impact on the tax treatment of the sale of your previous home.

However, if your home sale doesn't qualify for an exclusion of gain on the sale, please see Work-Related Move in IRS Publication 523, Selling Your Home. You may be eligible for a partial exclusion of the gain.

[Edited 4/8/2021 | 7:16 am PST]